Discussion of “Financial reporting frequency, information asymmetry, and the cost of equity”
Fu, Kraft and Zhang (2012) use a hand-collected sample of firms with different interim reporting frequencies from 1951 to 1973 to test whether higher reporting frequency is associated with lower information asymmetry and a lower cost of equity capital. Their results suggest that firms with higher re...
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Format: | Article |
Language: | en_US |
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Elsevier
2016
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Online Access: | http://hdl.handle.net/1721.1/102182 https://orcid.org/0000-0003-1231-7374 |