search query: @author Jang, S. / total: 8
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Author: | Lee, J-S. Jang, S. |
Title: | The systematic-risk determinants of the US airline industry |
Journal: | Tourism Management
2007 : VOL. 28:2, p.434-442 |
Index terms: | airlines risk |
Freeterms: | systematic risk firm-specific variables |
Language: | eng |
Abstract: | Understanding the risk nature of the airline industry is important in effectively managing the business. This study aims to investigate firm-specific variables as they relate to systematic risk (beta). Findings from 16 airline companies for the period of 1997-2002 indicate that profitability, growth, and safety are negatively associated with systematic risk, while the debt leverage and firm size are positively related to the risk. |
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