Ul Haq, Hafiz Muhammad Zia; Kashif, Muhammad; Ameer, Saba - In: Journal of Risk and Financial Management 13 (2020) 9, pp. 1-15
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 …