We propose a generalized, practitioner-oriented operating-leverage model for predicting operating income using net … operating-leverage model so that the ratio of sales to the cost of sales remains constant for the reference and forecast periods …. Inspired by prior research, we adjust depreciation and SG&A for cost stickiness. We find that using our generalized operating-leverage …

compensation for operating leverage (investment activity risk). This research provides empirical evidence on this theoretical … contradiction by investigating the relationships of financial leverage (FL) and operating leverage (OL) with stock returns, the book …). This research empirically finds significant and direct influence of operating leverage on stock returns, the book to market …

compensation for operating leverage (investment activity risk). This research provides empirical evidence on this theoretical … contradiction by investigating the relationships of financial leverage (FL) and operating leverage (OL) with stock returns, the book …). This research empirically finds significant and direct influence of operating leverage on stock returns, the book to market …