The impact of financial leverage on shareholders' systematic risk

Keyphrases

• Shareholders 100%
• Financial Leverage 100%
• Systematic Risk 100%
• Market Imperfections 66%
• Risk-free 66%
• Risky Debt 66%
• Investment Decisions 33%
• Social Well-being 33%
• Corporate 33%
• Parameter Values 33%
• Cost of Capital 33%
• Economic Efficiency 33%
• Paper-based Test 33%
• Publicly Traded 33%
• Financial Marketplace 33%
• Corporate Tax 33%
• Industrial Companies 33%
• Personal Taxes 33%
• Cost of Debt 33%
• Capital Budgeting Decisions 33%
• Theoretical Parameters 33%
• Bankruptcy Costs 33%
• Tax Debt 33%
• Sustainable Relationships 33%
• Sustainable Finance 33%
• Equity beta 33%

Economics, Econometrics and Finance

• Capital Structure 100%
• Incomplete Market 66%
• Finance 33%
• Investment Decision 33%
• Bankruptcy 33%
• Corporate Taxation 33%
• Efficiency 33%
• Cost of Capital 33%
• Personal Tax 33%
• Investment Appraisal Techniques 33%