A monograph extending the traditional classification and analysis of corporate leverage.
Through the present treatise the author endeavours to :
( a ) formulate the concept of ‘ corporate de - leverage with fixed revenues ’ as diametrically opposite to the concept of ‘ corporate leverage with fixed expenses ’ and propose :
( i ) the missing links between the traditional operating and financial ( or financing ) leverages , and
( ii ) the modified classification of corporate leverage ( de - leverage ) ,
with the introduction of ' fixed operating revenues ' , ' fixed non - operating revenues ' and ' fixed non - operating expenses' hitherto absent in the traditional analysis of corporate leverage ;
( b ) generalize the concepts and theories of ‘ corporate leverage with fixed expenses ’ and ‘ corporate de - leverage
with fixed revenues ’ ; and
( c ) apply the general theories { mentioned in ( b ) above } to re - analyse the traditional corporate leverages
and to analyse the proposed corporate leverages and de - leverages .

First Published : November , 2009
2nd Revised Edition : January , 2010
3rd Revised Edition : April , 2010