Abstract
This thesis examines the financial factors that corporate planners must consider to reach a zero-default debt. The thesis examines the financial fundamentals associated with zero-default debt along with the size and industry effects. The data includes quarterly financial indicators for the non-financial firms listed in DJIA30 and NASDAQ100 for the period 1990-2018. The results conclude that the fixed assets turnover is the only robust variable that can be optimized to reach zero-default debt and has positive and significant signaling effect.
School
School of Business
Department
Management Department
Degree Name
MS in Finance
Graduation Date
Spring 6-15-2023
Submission Date
5-16-2023
First Advisor
TAREK ELDOMIATY
Committee Member 1
TAREK ELDOMIATY
Committee Member 2
Jasmin Fouad
Extent
63 p.
Document Type
Master's Thesis
Institutional Review Board (IRB) Approval
Approval has been obtained for this item
Recommended Citation
APA Citation
Saeed, A. S.
(2023).Modeling the Financial Signaling of Zero-default Debt: Empirical study on the firms listed in DJIA30 and NASDAQ100 [Master's Thesis, the American University in Cairo]. AUC Knowledge Fountain.
https://fount.aucegypt.edu/etds/2088
MLA Citation
Saeed, Ahmed Salah Zaki. Modeling the Financial Signaling of Zero-default Debt: Empirical study on the firms listed in DJIA30 and NASDAQ100. 2023. American University in Cairo, Master's Thesis. AUC Knowledge Fountain.
https://fount.aucegypt.edu/etds/2088