Disclosure and the cost of equity capital : evidence from the standard & poor transparency and disclosure study.

• Main Authors: Lau, Sze Yee., Koh, Wee Kheng., Yeo, Shu Hao.
• Other Authors: Asheq Razaur Rahman
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::General::Economic and business aspects
• Online Access: http://hdl.handle.net/10356/9499
• Institution: Nanyang Technological University

Our study expands on prior research by utilizing this broader disclosure index on a wider international sample. We examine the association between all the 3 types of disclosure scores provided by S&P T&D study on the weighted average cost of equity capital (WACC). Our study covers 917 firms...