This study aims to empirically examine the effect of Leverage, Profitability, and Liquidity on Earning Response Coefficient (ERC) in Islamic banking companies. Data collection techniques using documentation data analysis purposive sampling. is a type dependent variable that can be useful research. However, variables are independent this research Liquidity. The method used multiple linear regres...

We prove that Brownian market models with random diffusion coefficients provide an exact measure of the leverage effect [J-P. Bouchaud et al., Phys. Rev. Lett. 87, 228701 (2001)]. This empirical fact asserts that past returns are anticorrelated with future diffusion coefficient. Several models with random diffusion have been suggested but without a quantitative study of the leverage effect. Our...

this research applies and compares the market leverage lally method, ibbotson and sinquefield method and siegel method, to present alternative measures for market risk premium (mrp) estimation and test forecasting power of these methods in calculating expected rate of return. the higher level of leverage implies greater risk of investment in a specified stock, so higher return is expected by in...

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In this paper we build on the network-based financial accelerator model of Delli Gatti et al. (2010), modelling the firms’ financial structure following the ‘‘dynamic trade-off theory’’, instead of the ‘‘packing order theory’’. Moreover, we allow for multiperiodal debt structure and consider multiple bank-firm links based on a myopic preferred-partner choice. In case of default, we also conside...

The earnings response coefficient (ERC) measures the magnitude of a stock's abnormal return in to components (unexpected earnings) reported by company that issued stock. This study, thus, aims analyze effect growth opportunity, profitability, corporate social responsibility (CSR), size, and leverage on manufacturing companies listed Indonesia Stock Exchange for 2019-2021 period. sampling techni...

Digital inequality, or the unequal access and use of information communication technologies, inhibits under-privileged people from opportunities in the digital world. Although government and private organizations have devoted considerable resources to address this inequality, issues remain unsolved. A theory-based investigation of the phenomenon is essential for effective policy-making and inte...