Purpose - In futures markets, margin trading not only relaxes leverage constraints but also entails the risk of margin … leverage constraints in futures markets. This study aims to address this gap by focusing on margin call risk. Through bootstrap … leverage but adjust it in response to margin call risks across all futures sectors, leading them to opt for lower leverage for …

, focusing on the potential non-linear, inverse U-shaped effect of leverage on profitability. Drawing on data from 1548 firm …. The findings indicate that moderate levels of debt enhance profitability, but excessive leverage leads to diminishing … leverage without adverse effects, while smaller firms benefit from maintaining lower debt levels. The study concludes that …