What Is the Standard of Review and How Much Deference

question 13

Essay

What is the standard of review and how much deference do appellate judges give to findings by judges in the trial courts?

---

Definitions:

Debt-Equity Ratio

A metric reflecting how company assets are proportionally financed by shareholders' equity and debt.

Cost of Equity

The return that investors expect for investing in a company's equity, considering the risk of the investment.

After-Tax Cash Savings

The increase in cash flow that results after all applicable taxes have been deducted from the gross income.

Cost of Capital

The rate of return that a business must earn before generating value, taking into account the cost of funding the business through equity or debt.