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National Level, City Level Auditor Industry Specialization and Cost of Debt

✍ Scribed by Li, Chan; Xie, Yuan; Zhou, Jian


Book ID
120549359
Publisher
American Accounting Association
Year
2010
Tongue
English
Weight
188 KB
Volume
24
Category
Article
ISSN
0888-7993

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## 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 cross‐sectional variation i