Meta‐analytic review of disclosure level and cost of equity capital
✍ Scribed by Souissi, Mohsen; Khlif, Hichem
- Book ID
- 120394182
- Publisher
- Emerald Group Publishing Limited
- Year
- 2012
- Tongue
- English
- Weight
- 92 KB
- Volume
- 20
- Category
- Article
- ISSN
- 1834-7649
No coin nor oath required. For personal study only.
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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
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