Conditional Conservatism and the Cost of Equity Capital: Information Precision and Information Asymmetry Effects
نویسندگان
چکیده
منابع مشابه
Information Asymmetry , Diversification , and Cost of Capital ∗ †
Recently, there has been considerable interest among accounting researchers in the relation between asymmetric information and cost of capital. A number of empirical studies document associations between proxies for asymmetric information such as earnings quality and risk premiums. However, the theoretical foundation for these studies has yet to be fully established. In this study, we consider ...
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ژورنال
عنوان ژورنال: Applied Finance and Accounting
سال: 2015
ISSN: 2374-2429,2374-2410
DOI: 10.11114/afa.v2i1.1225