Investment in swedish manufacturing: analysis and forecasts... The theory is implemented within a multivariate error-correction approach on data covering the time period 1951 to 1995, and we gain the following main results: (1) Tobin’s average Q is not the sole determinant of investment, neither in the short nor in the long run, and other variables like real output and capital gearing also affect investment activity; (2) the out-of-sample forecasts of the model track the evolution of actual investment growth quite impressively, especially at...
Implicit interest rates and corporate balance sheets: an analysis using aggregate and disaggregated uk data... In this paper empirical models are developed that relate implicit interest rates paid by firms to measures of their financial health (principally capital gearing) using both aggregate data and information from individual company accounts....
The return on equity indicators system – methodological proposal... The developed ROE decomposition model includes nine factors: the rate of value added, the rate of depreciation costs, salaries expense ratio, the ratio of other operating income and expenses, the rate of fi nancial income and expenses, the rate of extraordinary events, the rate of tax, the assets rotation and capital gearing....
Capital gearing, entrepreneurialcompetencies and uptake of venture capital bysmall and medium enterprises: a case ofselected venture capital beneficiaries ofkenya commercial bankPurpose of the Study: The main objective of this research study was to establish theinfluence of capital gearing, entrepreneurial competencies and uptake of venture capital bysmall and medium enterprises: a case of selected venture capital beneficiaries of KenyaCommercial...
