Evaluation of the Relationship between Audit Firm Choice and Cost of Equity
The cost of equity capital plays a key role in financing and investment decisions. The cost of equity capital is defined conceptually to expected returns. In other words, the is the expected minimum rate of return. Suppose the expected return is less than the cost of equity capital. In that case,...
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Format: | Article |
Language: | English |
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Ferdowsi University of Mashhad
2021-05-01
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Series: | Iranian Journal of Accounting, Auditing & Finance |
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Online Access: | https://ijaaf.um.ac.ir/article_40231_46ea37e05cf36d10bfb4e78f64a23047.pdf |