๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Web-Based Non-Financial Disclosure and Cost of Finance

โœ Scribed by Raf Orens; Walter Aerts; Denis Cormier


Book ID
111106045
Publisher
John Wiley and Sons
Year
2010
Tongue
English
Weight
264 KB
Volume
37
Category
Article
ISSN
0306-686X

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