Study on the association between cost of equity capital and the disclosure level of SES-listed companies.

Prior theoretical and empirical studies have shown that greater disclosure is associated with a lower cost of equity capital. This research is undertaken to examine if there is a negative association between cost of equity capital and voluntary disclosure level for Singapore companies. 127 SES-liste...

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Bibliographic Details
Main Authors: Khew, Mui Khin., Soh, Sabrina Mei Yen., Yeow, Hui Cheng.
Other Authors: Foo, See Liang
Format: Final Year Project
Published: 2008
Subjects:
Online Access:http://hdl.handle.net/10356/10642
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Institution: Nanyang Technological University
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Summary:Prior theoretical and empirical studies have shown that greater disclosure is associated with a lower cost of equity capital. This research is undertaken to examine if there is a negative association between cost of equity capital and voluntary disclosure level for Singapore companies. 127 SES-listed companies in the financial year 1996 are categorized into 12 sectors and an empirical analysis is conducted.