Search Results - subject:"Optimal leverage"

Margin call risk and leverage constraints : exploring investment horizons and low-risk anomalies in futures markets

Jo, Yonghwan; Jung, Dain - In: Journal of derivatives and quantitative studies : … 33 (2025) 1, pp. 2-22

Purpose - In futures markets, margin trading not only relaxes leverage constraints but also entails the risk of margin calls. Therefore, existing studies provide inconsistent evidence on low-risk anomalies, raising challenges in understanding leverage constraints in futures markets. This study...

Persistent link: https://www.econbiz.de/10015397304

The effect of managerial myopia on the adjustment speed of the company's financial leverage towards the optimal leverage

Rostami, Vahab; Kargar, Hamed; Samimifard, Mahdis - In: Journal of Risk and Financial Management 15 (2022) 12, pp. 1-12

, and clearly shows the financing policies of companies. The importance of optimal leverage is such that the growth and … financial leverage toward optimal leverage. The current research is applied, and from the methodological point of view, the … decreases towards optimal leverage. …

Persistent link: https://www.econbiz.de/10014332737

The effect of managerial myopia on the adjustment speed of the company's financial leverage towards the optimal leverage

Rostami, Vahab; Kargar, Hamed; Samimifard, Mahdis - In: Journal of risk and financial management : JRFM 15 (2022) 12, pp. 1-12

Persistent link: https://www.econbiz.de/10014284374

The variance risk premium and capital structure

Lotfaliei, Babak - 2018

with risk premium. Empirically, the model calibrations verify significant reduction in optimal leverage, closer to observed …

Persistent link: https://www.econbiz.de/10011984853

The variance risk premium and capital structure

Lotfaliei, Babak - 2018

with risk premium. Empirically, the model calibrations verify significant reduction in optimal leverage, closer to observed …

Persistent link: https://www.econbiz.de/10011848389

Impact of Financial Crises on Dynamics of Capital Structure: Evidence from Korean Listed Companies

Tsoy, Lyubov; Heshmati, Almas - 2017

optimal leverage identified. Different effects of the two crises on both capital structure and its adjustment speed is found … effect on companies' debt ratio and the speed of their adjustment toward optimal leverage. The empirical analysis revealed …

Persistent link: https://www.econbiz.de/10011653282

Impact of financial crises on dynamics of capital structure : evidence from Korean listed companies

Tsoy, Lyubov; Heshmati, Almas - 2017

Persistent link: https://www.econbiz.de/10011612999

Capital Structure¡¯s Dynamic Response to Exogenous Variables: A Case of Listed Manufacturing Firms in Indonesia

Saadah, Siti; Prijadi, Ruslan - In: International Journal of Financial Research 3 (2012) 2, pp. 86-95

verify the presence of optimal leverage and how a firm would adjust to changes in variables that affect the leverage. This … research derives an Error Correction Model from a quadratic cost function to investigate the presence of optimal leverage and …

Persistent link: https://www.econbiz.de/10011267574

A critique of the literature on the US financial debt crisis

Stein, Jerome L. - 2010

A healthy financial system encourages the efficient allocation of capital and risk. The collapse of the house price bubble led to the financial crisis that started in 2007. There is a large empirical literature concerning the relation between asset price bubbles and financial crises. I evaluate...

Persistent link: https://www.econbiz.de/10010266065

Alan Greenspan, the quants and stochastic optimal control

Stein, Jerome L. - 2010

following questions: what is an optimal leverage or capital requirement that balances the expected growth against risk? What are …

Persistent link: https://www.econbiz.de/10010300502