Pengfei Li

School of Economics & Management, Tsinghua University

PhD Candidate

Beijing

China

Tsinghua University - PBC School of Finance

No. 43, Chengdu Road

Haidian District

Beijing 100083

China

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Another Look at Operating Leverage and Stock Returns

Number of pages: 71 Posted: 01 May 2018 Last Revised: 30 Oct 2018
Tsinghua University - PBC School of Finance, University of Illinois at Chicago, Shanghai Advanced Institute of Finance, Shanghai Jiaotong University and School of Economics & Management, Tsinghua University
Downloads 145 (196,633)

Abstract:

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operating leverage, fixed costs; stock returns, factor models