📈 economics
The Impact of Leverage on Stock Returns: Evidence from Multinational Corporations
This study of UK-listed firms from 1980 to 2024 reveals that while multinational corporations generally achieve higher returns, their international operations significantly amplify the negative impact of leverage on stock performance, necessitating careful capital structure management.
Original paper licensed under CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/). This is an AI-generated explanation of the paper below. It is not written or endorsed by the authors. For technical accuracy, refer to the original paper. Read full disclaimer
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