Equity mispricing and the adjustment toward target leverage: Evidence from the UK
The objective of this paper is to provide an empirical analysis of the influence of equity misevaluation on the speed of adjustment toward target leverage in the UK market over the period of 1993-2016. The study introduces a set of better measures of equity mispricing and implements the standard par...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
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2017
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| Online Access: | https://eprints.nottingham.ac.uk/46274/ |