Karpates, Akbar Aldino; Viverita - In: Global business and finance review 27 (2022) 6, pp. 1-15
Purpose: This study investigates the impact of leverage deviation on the cost of equity under the specifically … equity is to the leverage deviation from the target, the faster the adjustment. However, firms will adjust their capital … sensitivity of the cost of equity to leverage deviation on the leverage speed of adjustments. Research limitations …