Consequences of Voluntary Disclosure: Structural Equation Modeling Approach
Low transparency causes information asymmetry, increases risk of information and thus decreases shareholder confidence. Voluntary disclosure with improvement of financial information transparency may raise investors' awareness, increase shareholders confidence and decrease cost of capital. This...
| Main Authors: | , , |
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| Format: | Article |
| Language: | fas |
| Published: |
Alzahra University
2016-08-01
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| Series: | پژوهشهای تجربی حسابداری |
| Subjects: | |
| Online Access: | http://jera.alzahra.ac.ir/article_2291_89483a7689ae99f22dbb8e68f2089a04.pdf |