Value Relevance of Degree of Leverage: Evidence from India

This manuscript aims to explore the value relevance of accounting numbers with a focus on leverage effects, both operating and financial, in the context of listed manufacturing firms in India. This manuscript is unique in terms of understanding the usefulness of degrees of operating and financial leverage, the impact of degrees of operating and financial leverage on systematic risk of common stock of the firms, and value of the firms operating in the manufacturing sector of India.

Autorentext

With 25 years of industry experience in India and USA, the author is currently a Ph.D. scholar in Mechanical Engineering at MNIT Jaipur, India. He is specializing in Thermal Engineering with special focus on environment preservation. He has many technical papers to his credit - both in international journals as well as international conferences.