Study on the association between cost of equity capital and the disclosure level of SES-listed companies.

Prior theoretical and empirical studies have shown that greater disclosure is associated with a lower cost of equity capital. This research is undertaken to examine if there is a negative association between cost of equity capital and voluntary disclosure level for Singapore companies. 127 SES-liste...

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Dades bibliogràfiques
Autors principals: Khew, Mui Khin., Soh, Sabrina Mei Yen., Yeow, Hui Cheng.
Altres autors: Foo, See Liang
Format: Final Year Project (FYP)
Publicat: 2008
Matèries:
Accés en línia:http://hdl.handle.net/10356/10642
Descripció
Sumari:Prior theoretical and empirical studies have shown that greater disclosure is associated with a lower cost of equity capital. This research is undertaken to examine if there is a negative association between cost of equity capital and voluntary disclosure level for Singapore companies. 127 SES-listed companies in the financial year 1996 are categorized into 12 sectors and an empirical analysis is conducted.