The Impact of Financial Leverage on the Cost of Equity

<p>Using a sample of industrial companies traded on the NYSE, this study examines the effect of financial leverage (L) on the cost of equity (K<sub>e</sub>). The goal is to test the theoretical relationship between K<sub>e </sub>and L under various types of market imper...

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Bibliographic Details
Main Authors: David Yechiam Aharon, Yossi Yagil
Format: Article
Language:English
Published: EconJournals 2019-03-01
Series:International Journal of Economics and Financial Issues
Online Access:https://www.econjournals.com/index.php/ijefi/article/view/7554