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Shareholder rights, financial disclosure and the cost of equity capital

✍ Scribed by C. S. Agnes Cheng; Denton Collins; Henry He Huang


Publisher
Springer US
Year
2006
Tongue
English
Weight
355 KB
Volume
27
Category
Article
ISSN
0924-865X

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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