Audit quality and cost of equity capital
The 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 (...
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Main Authors: | , , |
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Format: | Article |
Published: |
Inderscience Enterprises Ltd.
2014
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Subjects: | |
Online Access: | http://eprints.utm.my/id/eprint/51962/ http://dx.doi.org/10.1504/AAJFA.2014.063738 |
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Institution: | Universiti Teknologi Malaysia |