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Financial Flexibility and Equity Risk

The research connects limited financial flexibility to levered risk premiums, emphasizing leverage gaps and targets, and argues that leverage alone provides limited insights.

Featured in No. 14 on 30 Aug 2023 · 3 days after release

Released
27 Aug 2023
First featured
No. 14 · 30 Aug 2023
Published in
Not yet, as far as Semantic Scholar knows
Shares when featured
3
Identifier
SSRN 4553410

Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).

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