Results 231 to 240 of about 29,972 (310)

Economic policy uncertainty and the cost of equity capital

Journal of Financial Research, 2023
In this paper, we investigate the role of economic policy uncertainty (EPU) in the cost of equity capital. Our findings suggest that the relationship between EPU and the security market line (SML) varies cross‐sectionally.
Yizhi Wang, Jingze Zhang, Qiaoqiao Zhu
semanticscholar   +2 more sources

Social capital and the cost of equity

Journal of Banking and Finance, 2018
Abstract We find that a firm's cost of equity is inversely related to the level of social capital in the state where the firm is headquartered. Further, the cost of equity declines when firms move their headquarters from a low-social-capital state to a state with higher social capital.
Kartik Raman, Chenguang Shang
exaly   +2 more sources

The impact on the cost of equity capital in the effects of integrated reporting quality

Business Strategy and the Environment, 2020
Integrated reporting is a new reporting tool that includes financial and nonfinancial information, which represents a natural evolution of the corporate reporting movement. Although this practice has gained increasing attention in recent years, both from
Michele Rubino   +2 more
exaly   +2 more sources

Annual report readability and the cost of equity capital

SSRN Electronic Journal, 2020
Using a large panel of U.S. public firms, we examine the relation between annual report readability and cost of equity capital. We hypothesize that complex textual reporting deters investors' ability to process and interpret annual reports, leading to ...
Hatem Rjiba   +3 more
semanticscholar   +3 more sources

Disclosure level and the cost of equity capital.

Accounting Review, 1997
The effect of disclosure level on the cost of equity capital is a matter of considerable interest and importance to the financial reporting community. However, the association between disclosure level and cost of equity capital is not well established ...
Christine A. Botosan
semanticscholar   +1 more source

How digital transformation affects the cost of equity capital: the role of information disclosure quality and stock liquidity

Industrial and Corporate Change, 2023
To achieve high-quality development, a critical question needs to be addressed: can enterprise digital transformation effectively alleviate enterprise financing problems by reducing the cost of equity capital? This study uses the text mining to analyze
Lijun Ren, Jiajia Liu, Qianyi Hao
semanticscholar   +1 more source

Political connections and the cost of equity capital

Journal of Corporate Finance, 2012
Motivated by recent research on the costs and benefits of political connection, we examine the cost of equity capital of politically connected firms. Using propensity score matching models, we find that politically connected firms enjoy a lower cost of equity capital than their non-connected peers.
Narjess Boubakri   +3 more
openaire   +1 more source

Comparability and Cost of Equity Capital

SSRN Electronic Journal, 2016
We investigate how the comparability of a company’s financial statements is related to its cost of equity capital. Financial Accounting Standards Board’s (FASB) Concept Statement No. 8 proposes that comparability is a key tenet of accounting because it allows users of financial statements to benchmark a firm against similar firms when distinguishing ...
Michael J. Imhof, Scott Seavey
openaire   +1 more source

Comparability and Cost of Equity Capital

Accounting Horizons, 2017
SYNOPSIS We investigate how the comparability of a company's financial statements is related to its cost of equity capital. The Financial Accounting Standards Board's (FASB 2010) Statement of Financial Accounting Concept No. 8 proposes that comparability is a key tenet of accounting because it allows users of financial statements to ...
Imhof, Michael J.   +2 more
openaire   +2 more sources

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