Can I read Market Timing on EtoBox?

Market Timing by kamal khan is a document available to read on EtoBox.

What is Market Timing about?

This document summarizes a journal article that examines how "equity market timing" affects capital structure. The main finding is that firms with low leverage are those that raised funds when their stock prices were high relative to book value, while firms with high leverage raised funds when prices were low. Leverage is strongly negatively related to a weighted average of firms

Author

kamal khan

Language

EN