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The Impact of Better Corporate Social Responsibility Disclosure on the Cost of Equity Capital

โœ Scribed by Carmelo Reverte


Book ID
112071529
Publisher
John Wiley and Sons
Year
2011
Tongue
English
Weight
217 KB
Volume
19
Category
Article
ISSN
1535-3958

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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