Disclosure level and cost of equity capi
β
Sunil Poshakwale; John K. Courtis
π
Article
π
2005
π
John Wiley and Sons
π
English
β 155 KB
## Abstract The impact of voluntary disclosures on cost of equity capital is of significant interest to investors and managers. Using a disclosure scoring model this association is examined for 135 banks from Europe, North America and Australia. After controlling for the crossβsectional variation i