Effects of the Stock Exchange Competitive Level on Information Asymmetry and Cost of Capital
Information is distributed asymmetrically among investors in financial markets. In such a situation, investors increase their expected returns to cover risks. Therefore, the risk of reported information and asymmetric distribution of information will be an effective factor on the expected returns of...
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | fas |
| Published: |
Alzahra University
2021-12-01
|
| Series: | پژوهشهای تجربی حسابداری |
| Subjects: | |
| Online Access: | https://jera.alzahra.ac.ir/article_5872_65872a13a2ee3810806a7e889da82466.pdf |