Pengfei Li

Tsinghua University - PBC School of Finance

No. 43, Chengdu Road

Haidian District

Beijing 100083

China

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Measuring Operating Leverage

Posted: 01 May 2018 Last Revised: 15 Feb 2020
Fudan University - Fanhai International School of Finance (FISF), University of Illinois at Chicago, Shanghai Advanced Institute of Finance, Shanghai Jiaotong University and Tsinghua University - PBC School of Finance

Abstract:

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operating leverage, fixed costs; stock returns, factor models