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"An Agglomeration of Men Presents New Characteristics Very Different from Those

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"An agglomeration of men presents new characteristics very different from those of the individuals composing it.The sentiments and ideas of all the persons in the gathering take one and the same direction,and their conscious personality vanishes.A collective mind is formed,doubtless transitory,but presenting very clearly defined characteristics.The gathering has thus become what,in the absence of a better expression,I will call an organized crowd.. . .It forms a single being . . ." Which theory describes this quote?


Definitions:

EPS Variability

Fluctuations in a company's earnings per share over time, indicating the volatility of its profitability.

Operating Leverage

A measure of how revenue growth translates into growth in operating income, indicating the fixed versus variable costs structure of a business.

Financial Leverage

A technique employed by companies to increase their market value and return on investment by using debt to finance its operations.

EBIT

Earnings Before Interest and Taxes, a measure of a company's profitability calculated by excluding interest and income tax expenses.

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