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The leverage effect is one of two main hypotheses explaining the negative relationship between volatility of returns and return on equity. It states that a decrease in leverage, due for example to rising stock prices, increases the amount of equity which carries the firm volatility and thus decreases the volatility on rates of return. Using 51 companies that have been actively traded on the Stockh
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While the development of solar power is an important step in replacing fossil fuels with renewable energy, the fast increase in PV system deployment is projected to create large amounts of electronic waste in the next decades. Circular economy has been suggested as a key concept for changing society towards more resource efficient systems where products and materials retain their value along their
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Water-related damage represents a major challenge in the built environment, with consequences for building performance and occupant health. While external factors can contribute, this study focuses on damage originating from internal sources. Deficiencies and failures in building service systems, water supply, sewage, and technical installations, constitute a substantial problem, leading to repair