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What drives the value premium? The role of asset risk and leverage
Jaewon Choi
Finance
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Keyphrases
Value Premium
100%
Asset Risk
100%
Asset beta
100%
Growth Firms
100%
Equity beta
100%
Relative Stability
50%
Inequity
50%
Growth Stocks
50%
Economic Conditions
50%
Economic Recession
50%
Financial Leverage
50%
Capital Structure Theories
50%
Conditional beta
50%
Risk Volatility
50%
Trade-off Theory
50%
Risk Dynamics
50%
Market Risk Premium
50%
Equity Risk
50%
Economics, Econometrics and Finance
Capital Structure
100%
Firm Growth
100%
Volatility
50%
Risk Premium
50%
Macroeconomic Performance
50%
Value of Firm
50%
Capital Theory
50%