The Relationship Between Annual Report’s Transparency And Cost of Equity Capital
碩士 === 中原大學 === 會計研究所 === 95 === The major purpose of this study was to investigate the relationship between firm’s annual report’s transparency and cost of equity capital to understand whether greater annual report’s information transparency can reduce cost of equity capital. The study divides annu...
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ndltd-TW-095CYCU53850112015-10-13T13:55:56Z http://ndltd.ncl.edu.tw/handle/83727446190444545734 The Relationship Between Annual Report’s Transparency And Cost of Equity Capital 年報透明度與權益資金成本之關聯性研究 jia-you zhang 張嘉祐 碩士 中原大學 會計研究所 95 The major purpose of this study was to investigate the relationship between firm’s annual report’s transparency and cost of equity capital to understand whether greater annual report’s information transparency can reduce cost of equity capital. The study divides annual report’s transparency into disclosure transparency and earnings transparency. Date are obtained from the 2002、2004 and 2005 and sample selection procedures yields a sample of 261 manufacturing firms. Empirical results show that greater disclosure transparency have lower cost of equity capital and find investors especially take care of the information of ownership and board of director structure. In additions, we find earnings transparency information can not influence cost of equity capital. jiang-liang lin rui-bin chen 林江亮 陳瑞斌 2007 學位論文 ; thesis 47 zh-TW |
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碩士 === 中原大學 === 會計研究所 === 95 === The major purpose of this study was to investigate the relationship between firm’s annual report’s transparency and cost of equity capital to understand whether greater annual report’s information transparency can reduce cost of equity capital. The study divides annual report’s transparency into disclosure transparency and earnings transparency.
Date are obtained from the 2002、2004 and 2005 and sample selection procedures yields a sample of 261 manufacturing firms. Empirical results show that greater disclosure transparency have lower cost of equity capital and find investors especially take care of the information of ownership and board of director structure. In additions, we find earnings transparency information can not influence cost of equity capital.
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author2 |
jiang-liang lin |
author_facet |
jiang-liang lin jia-you zhang 張嘉祐 |
author |
jia-you zhang 張嘉祐 |
spellingShingle |
jia-you zhang 張嘉祐 The Relationship Between Annual Report’s Transparency And Cost of Equity Capital |
author_sort |
jia-you zhang |
title |
The Relationship Between Annual Report’s Transparency And Cost of Equity Capital |
title_short |
The Relationship Between Annual Report’s Transparency And Cost of Equity Capital |
title_full |
The Relationship Between Annual Report’s Transparency And Cost of Equity Capital |
title_fullStr |
The Relationship Between Annual Report’s Transparency And Cost of Equity Capital |
title_full_unstemmed |
The Relationship Between Annual Report’s Transparency And Cost of Equity Capital |
title_sort |
relationship between annual report’s transparency and cost of equity capital |
publishDate |
2007 |
url |
http://ndltd.ncl.edu.tw/handle/83727446190444545734 |
work_keys_str_mv |
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