Institutional ownership and cost of debt: evidence from Thailand

AbstractThis article aims to investigate whether institutional investors aid in lowering the cost of debt using a sample of 311 nonfinancial firms listed on the Stock Exchange of Thailand (SET) over 2011–2020. All data were obtained from the SETSMART database. Controlling for firm characteristics, i...

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Bibliographic Details
Main Author: Yordying Thanatawee
Format: Article
Language:English
Published: Taylor & Francis Group 2023-12-01
Series:Cogent Business & Management
Subjects:
Online Access:https://www.tandfonline.com/doi/10.1080/23311975.2023.2207693