Results 11 to 20 of about 166,410,110 (349)
Conservatism, Disclosure and the Cost of Equity Capital [PDF]
SSRN Electronic Journal, 2011 This study seeks insights into the economic consequences of accounting conservatism by examining the relation between conservatism and cost of equity capital. Appealing to the analytical and empirical literatures, we posit an inverse relation. Importantly, we also posit that the strength of the relation is conditional on the firm’s information ...
Artiach, Tracy, Clarkson, Peter
openaire +4 more sources
The implied equity risk premium - an evaluation of empirical methods [PDF]
, 2007 A new approach of estimating a forward-looking equity risk premium (ERP) is to calculate an implied risk premium using present value (PV) formulas. This paper compares implied risk premia obtained from different PV models and evaluates them by analyzing ...
Schröder, David
core +8 more sources
Analysts’ Estimates of the Cost of Equity Capital
SSRN Electronic Journal, 2020 We explore a large sample of analysts’ estimates of the cost of equity capital (CoE) to evaluate their usefulness as expected return proxies (ERP). We find that the CoE estimates are significantly related to a firm’s beta, size, book-to-market ratio, leverage, and idiosyncratic volatility but not other risk proxies.
Karthik Balakrishnan +2 more
openaire +1 more source
Environmental Disclosure and Cost of Equity Capital of Public Listed Firms in Malaysia [PDF]
, 2023 Disclosure of environmental information in Malaysia is still at a minimal level due to no clear rules and regulations for sustainability reporting which lead to information asymmetry for investors. The purpose of this study is to examine the relationship
Nordiana, Ahmad Nordin +4 more
core +1 more source
International Journal of Financial Studies, 2022 The Sarbanes–Oxley Act of 2002 (SOX) imposed stringent requirements on corporate executives to hold them more accountable for their management decisions. This act has ramifications for executive pay as well.
Kanyarat (Lek) Sanoran
doaj +1 more source
Effect of Conservatism and Disclosure on the Cost of Equity Capital [PDF]
پژوهشهای تجربی حسابداری, 2013 In this paper has been studied the role of conservatism and disclosure in the reduction of Cost of Equity Capital. Theoretically, conservatism and disclosure can be influenced on the cost of capital with decrease the Agency costs and Information ...
Alireza Mehrazin, Fatemeh Abasnezhad
doaj +1 more source
Director Networks and Cost of Equity Capital: Based on “Busy Director Hypothesis” Analysis
Discrete Dynamics in Nature and Society, 2021 This paper uses the data of Shanghai and Shenzhen A-share-listed companies from 2008 to 2018 to construct the director networks as an indicator to explore the relationship between the company’s director networks and the cost of equity capital and the ...
Sai Qiu, Xin Sun
doaj +1 more source
PRIVATE COST OF CAPITAL AND INCREMENTAL BUSINESS VALUE OF MID-MARKET FIRMS
The International Journal of Banking and Finance, 2021 This study examined the implications of private cost of capital on the incremental business value (IBV) of middle market firms in Nigeria. Specifically, three costs were identified as follows: private cost of debt (PCD), private cost of equity (PCE ...
Daibi Wellington Dagogo, Saheed K. Ajadi
doaj +1 more source
تاثیر افشای سرمایه فکری بر هزینه سرمایه [PDF]
راهبرد مدیریت مالی, 2014 In a knowledge-intensive economy, a company’s intellectual capital contributes to its success and its ultimate value. Most of these intangible assets cannot be included into the company’s balance sheet and intellectual capital disclosures in the annual ...
ali rahmani +2 more
doaj +1 more source
Participation in setting technology standards and the implied cost of equity [PDF]
, 2022 This study empirically investigates the financial market's reaction to firms’ participation in standard setting organizations (SSOs) in terms of firms’ implied cost of equity capital – the discount rate applied by investors to a firm's expected future ...
Deng, Xin; id_orcid +4 more
core +1 more source