An Empirical Analysis of Financial Leverage of KOSDAQ-listed Small and Medium Firms in Association with the Global Economic Turmoil

2021 ◽  
pp. 131-146
Author(s):  
Hanjoon Kim
2017 ◽  
Vol 3 (2) ◽  
pp. 70 ◽  
Author(s):  
Zhang Xinyuan ◽  
Bao Nan ◽  
Zhao Yufei

This paper analyzes the data from Chinese A-share market during 2 years from 2014 to 2015. Basing on 2297 listed firms, we use theoretical analysis and empirical analysis to explore and validate the relationship between ownership concentration, financial leverage and the company's inefficient investment behavior. The result shows that in Chinese A-share market, financial leverage can effectively inhibit the company's inefficient investment behavior; the concentration of equity will effectively inhibit the company's inefficient investment behavior.


2007 ◽  
Vol 23 (4) ◽  
pp. 248-257 ◽  
Author(s):  
Matthias R. Mehl ◽  
Shannon E. Holleran

Abstract. In this article, the authors provide an empirical analysis of the obtrusiveness of and participants' compliance with a relatively new psychological ambulatory assessment method, called the electronically activated recorder or EAR. The EAR is a modified portable audio-recorder that periodically records snippets of ambient sounds from participants' daily environments. In tracking moment-to-moment ambient sounds, the EAR yields an acoustic log of a person's day as it unfolds. As a naturalistic observation sampling method, it provides an observer's account of daily life and is optimized for the assessment of audible aspects of participants' naturally-occurring social behaviors and interactions. Measures of self-reported and behaviorally-assessed EAR obtrusiveness and compliance were analyzed in two samples. After an initial 2-h period of relative obtrusiveness, participants habituated to wearing the EAR and perceived it as fairly unobtrusive both in a short-term (2 days, N = 96) and a longer-term (10-11 days, N = 11) monitoring. Compliance with the method was high both during the short-term and longer-term monitoring. Somewhat reduced compliance was identified over the weekend; this effect appears to be specific to student populations. Important privacy and data confidentiality considerations around the EAR method are discussed.


2000 ◽  
Author(s):  
Erika Felix ◽  
Anjali T. Naik-Polan ◽  
Christine Sloss ◽  
Lashaunda Poindexter ◽  
Karen S. Budd

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