𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Voluntary disclosure and the cost of equity capital: Evidence from management earnings forecasts

✍ Scribed by Joung W. Kim; Yaqi Shi


Book ID
116592108
Publisher
Elsevier Science
Year
2011
Tongue
English
Weight
249 KB
Volume
30
Category
Article
ISSN
0278-4254

No coin nor oath required. For personal study only.


πŸ“œ SIMILAR VOLUMES


The effect of management earnings foreca
✍ K.C. Rakow πŸ“‚ Article πŸ“… 2010 πŸ› Elsevier Science 🌐 English βš– 214 KB

This study uses a framework presented in Hirst, Koonce, and Venkataraman (2008) to assess how differences in management earnings forecast characteristics influence a firm's cost of equity capital. I find that less specific forecasts, pessimistic forecasts, and forecasts that predict a loss for the p