Regulators often justify new disclosure regulation by arguing that it reduces firms’ cost of capital; until now, there has been little evidence to support this argument. Recent research examines how the effectiveness of a country’s legal institutions and securities regulation is related to international differences in the cost of equity capital.
Content: Article
Author: Christian Leuz
Source: Capital Ideas
Subjects: Corporate Governance, Finance
Author: Christian Leuz
Source: Capital Ideas
Subjects: Corporate Governance, Finance
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