id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
ajfa-16770	Ramnoher, Lakshana; Seetah, Keshav	The Link between Profitability and Financial Leverage, Evidence from a Small Island Economy	2020	14	.pdf	application/pdf	6012	325	51	Furthermore, the average value for financial leverage is 63.48% which indicates that listed firms in Mauritius are highly geared since they have a leverage ratio greater than 50% on average. If the Bank of Mauritius lowers the Repo rate, then commercial banks may subsequently reduce their lending rate thereby encouraging listed firms to take additional debt.	cache/ajfa-16770.pdf	txt/ajfa-16770.txt