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Книга ISBN13 9783659317156 - The impact of asset liquidity on leverage (Mihailo Paunovic) в магазинах, библиотеках и электронных библиотеках с он-лайн чтением
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Интернет-магазиныНазвание: The impact of asset liquidity on leverage
This book is the research of the relationship between asset liquidity and leverage. It is applied to privatised firms in Serbia that have been privatised in 2004 though auction. For the purpose of this research, seven industries were analysed. To see whether the relationship between asset liquidity and leverage is changed when privatised firms became free to dispose their assets, the relationship between asset liquidity and leverage is examined in the first year after privatisation, while privatised firms were still under control by the Privatisation Agency and therefore their assets were securing the debt. Then the same is done in the fourth year after privatisation, when there was no control over privatised firms by the Privatisation Agency and their debt was unsecured. The main conclusion from this research is that, in most industries, the asset liquidity is not linearly related to the leverage. Moreover, in almost all industries the relationship between asset liquidity and...
Авторы: Mihailo Paunovic
Издательство: LAP Lambert Academic Publishing
Год: 2013
Местонахождение: OZON.ru
ISBN: 9783659317156
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