๐”– Bobbio Scriptorium
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Disclosure Incentives and Effects on Cost of Capital around the World

โœ Scribed by Jere R. Francis, Inder K. Khurana and Raynolde Pereira


Book ID
120992354
Publisher
American Accounting Association
Year
2005
Tongue
English
Weight
928 KB
Volume
80
Category
Article
ISSN
0001-4826

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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