𝔖 Bobbio Scriptorium
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Disclosure and the cost of capital: A discussion

✍ Scribed by Robert E Verrecchia


Book ID
117337293
Publisher
Elsevier Science
Year
1999
Tongue
English
Weight
146 KB
Volume
26
Category
Article
ISSN
0165-4101

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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