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Recursive correlation between voluntary disclosure, cost of capital, information asymmetry, and firm value

This study examines the impact of voluntary disclosure on the cost of capital and information asymmetry, and thereby on firm value in a comprehensively recursive model. We argue that there is unidirectional dependency among the information asymmetry, cost of capital, and such firm value, hence, for...

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Hlavní autoři: Yossi Diantimala, Sofyan Syahnur, Islahuddin Islahuddin
Médium: Artigo
Jazyk:Inglês
Vydáno: Taylor & Francis Group 2022-12-01
Edice:Cogent Business & Management
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On-line přístup:https://www.tandfonline.com/doi/10.1080/23311975.2022.2154489
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