1.

Record Nr.

UNINA9910785102703321

Autore

Puntaier Elmar

Titolo

Capital structure and profitability [[electronic resource] ] : S&P 500 enterprises in the light of the 2008 financial crisis / / Elmar Puntaier

Pubbl/distr/stampa

Hamburg, : Diplomica Verlag, 2010

ISBN

3-8366-4547-5

Descrizione fisica

1 online resource (126 p.)

Disciplina

330.973

332.64

332.64/2091724

Soggetti

Stock exchanges - United States

Capital - United States

Global Financial Crisis, 2008-2009

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Title from cover.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Capital Structure and Profitability; Contents List; Abbreviations; 1 Introduction; 2 Existing Theories and their Predictions; 3 Methodology; 4 Findings and Analysis; 5 Conclusions; 6 Recommendations; 7 Reflections; Bibliography; Appendix; Autorenprofil

Sommario/riassunto

The present study aims to investigate to what extent capital structure has an impact on profitability and closely associated factors due to a series of bankruptcies and bail-outs within the last twelve months. The analysis refers to firms listed in the S&P 500 index on January 2004 and evaluates their performance from 2004 to 2008. The results show strong industry-specific characteristics for all factors observed, i.e. gearing, profitability, liquidity, investments and dividends. In addition, findings indicate a negative effect of higher gearing for almost all ten sectors in respect of the