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Conservatism, disclosure and the cost of equity capital

โœ Scribed by Artiach, Tracy C. (author);Clarkson, Peter M. (author)


Book ID
126561336
Publisher
SAGE Publications Inc.
Year
2013
Tongue
English
Weight
460 KB
Volume
39
Category
Article
ISSN
0312-8962

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โœ Alan J. Richardson; Michael Welker ๐Ÿ“‚ Article ๐Ÿ“… 2001 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 200 KB

We test the relation between financial and social disclosure and the cost of equity capital for a sample of Canadian firms with year-ends in 1990, 1991 and 1992. We find that, consistent with prior research, the quantity and quality of financial disclosure is negatively related to the cost of equity