The Value-Relevance of Changes in Financial Leverage Beyond Growth in Assets and GAAP Earnings

By V. Dimitrov, Prem C. Jain. 2008

129 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/17efa555929e2d26e40f0282e68f740f1f725558

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In Accounting

1. Seraina C. Anagnostopoulou
2. Zhe Zhang
3. Andrianos E. Tsekrekos
4. Jie Cai
5. Alex Edmans
6. Mark Maffett
7. David Yermack

In Finance

1. Seraina C. Anagnostopoulou
2. Zhe Zhang
3. Andrianos E. Tsekrekos
4. Jie Cai
5. Alex Edmans
6. Mark Maffett

In Strategy and Management

1. Seraina C. Anagnostopoulou
2. Andrianos E. Tsekrekos
3. Jie Cai

Citations in the corpus

• Leverage change, debt overhang, and stock prices (2011, background): “15 Dimitrov and Jain (2008) also find a significant and positive relation between leverage change and future operating performance measured by operating cash flow in Model 2 of their Table 6.”
• The effect of financial leverage on real and accrual-based earnings management (2017, methodology): “type of EM represents a departure from possibly optimal business decisions with the mere purpose of influencing reported income (Graham et al. 2005). Gunny (2010) reports that firms engaging in RM to meet earnings benchmarks actually outperformed firms which had not been involved in RM (and missed s”