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

Format:

Book

Author/Creator:

Puntaier, Elmar.

Language:

English

Subjects (All):

Stock exchanges--United States.

Stock exchanges.

Capital--United States.

Capital.

Global Financial Crisis, 2008-2009.

Physical Description:

1 online resource (126 p.)

Edition:

1st ed.

Place of Publication:

Hamburg : Diplomica Verlag, 2010.

Language Note:

English

Summary:

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

Contents:

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

Notes:

Title from cover.

Includes bibliographical references.

ISBN:

9783836645478

3836645475

OCLC:

679423754