ANALYSIS OF THE EQUITY MULTIPLIER INDICATOR

被引：0

作者：

Kozakova, Petra ^{[1
]}

Lizalova, Lenka ^{[1
]}

机构：

[1] Vysoka Skola Polytech Jihlava, Jihlava 58601, Czech Republic

来源：

FINANCE AND THE PERFORMANCE OF FIRMS IN SCIENCE, EDUCATION, AND PRACTICE | 2013年

关键词：

debt; financial leverage; equity multiplier; ROE;

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The company owners demand that their invested capital be valorised in the best possible manner. The managers can fulfil this requirement with the use of the equity multiplier, which evaluates the appropriate rate of debt in relation to a higher profitability of invested capital. The utility potential of the equity multiplier was analysed using the indicators 'financial leverage' and 'interest burden' on ten years of data from 456 Czech companies. The influence of the financial leverage proved to have the greatest impact on the value of the equity multiplier.

引用

页码：405 / 414

页数：10

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