Results 261 to 270 of about 29,972 (310)
Some of the next articles are maybe not open access.
Audit quality and cost of equity capital
Afro-Asian J. of Finance and Accounting, 2014The purpose of this research is to examine the relationship between audit quality and cost of equity capital. This research argues that the higher the levels of audit quality, the lower the rate of return required by the investor. The cost of equity capital is measured by the price-earnings growth (PEG) model.
Basiruddin, Rohaida +2 more
openaire +2 more sources
Company reputation and the cost of equity capital
Review of Accounting Studies, 2014We investigate whether companies with better reputations enjoy a lower cost of equity financing. Using a sample of 9,276 large US companies from 1987 to 2011 and the reputation rankings from Fortune’s “America’s Most Admired Companies” list, we find strong evidence that companies with higher reputation scores enjoy a lower cost of equity capital even ...
Ying Cao +3 more
openaire +1 more source
Corporate Philanthropy and the Cost of Equity Capital
SSRN Electronic Journal, 2018Using the Million Dollar List dataset containing major corporate philanthropic gifts, we examine whether corporate philanthropy is associated with a firm’s cost of equity capital. On one hand, philanthropy is an allocation of shareholder returns to a third party with uncertain returns, thereby increasing business risk.
Joshua Judd, Stephen J. Lusch
openaire +1 more source
Carbon disclosure, emission intensity and cost of equity capital: multi‐country evidence
Accounting and Finance, 2019This study examines the joint effect of carbon disclosure and greenhouse gas (GHG) emissions on firms’ implied cost of equity capital (COC). Based on 4655 firm-year observations across 34 countries, we find firms’ GHG emission intensity to be positively ...
Binh Bui, Olayinka Moses, M. Houqe
semanticscholar +1 more source
Does chairperson gender matter? Evidence from the cost of equity capital
Asia-Pacific Journal of Accounting & EconomicsThis paper examines the effect of chairperson gender on the cost of equity capital. Using a sample of Chinese-listed firms, we find that the presence of chairwomen is associated with significantly lower cost of equity capital. Furthermore, this effect is
Fuxiu Jiang, Yiqian Cai, Xiaoxue Xia
semanticscholar +1 more source
The impact of EMU on the equity cost of capital
Journal of International Money and Finance, 2007This paper shows that during the 1990s the process of gradual economic and monetary integration, which eventually led to EMU, also resulted in a reduction in the equity cost of capital. A similar reduction was not present in the three EU countries which chose not to enter the Eurozone.
Gikas A. Hardouvelis +2 more
openaire +1 more source
XBRL extensions and cost of equity capital in Chinese firms: a natural experiment
Asia-Pacific Journal of Accounting & EconomicsThis study investigates whether XBRL (eXtensible Business Reporting Language) extensions affect cost of equity capital in Chinese firms during the historical sample period of 2015–2016.
Z.J. Tian +3 more
semanticscholar +1 more source
Bank Leverage, Capital Requirements and the Implied Cost of (Equity) Capital
SSRN Electronic Journal, 2019Do heightened capital requirements impose private costs on banks by adversely affecting their cost of capital? And if so, does the effect differ across different groups of banks? Using an international sample of listed banks over the period from 1990 to 2017, I find that equity investors adjust their expected return weakly in accordance with the ...
openaire +3 more sources
A Re‐examination of Disclosure Level and the Expected Cost of Equity Capital
, 2002Christine A. Botosan, Marlene A. Plumlee
semanticscholar +1 more source