Information Asymmetry, Information Precision, and the Cost of Capital*
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: Review of Finance
سال: 2011
ISSN: 1573-692X,1572-3097
DOI: 10.1093/rof/rfr014