Idiosyncratic information and the cost of equity capital: A meta-analytic review of the literature
This paper provides a quantitative review of the literature on the repercussions of idiosyncratic information on firms’ cost of equity (CoE) capital. In total, I review the results of 113 unique studies examining the CoE effects of information Quantity, Precision and Asymmetry. My results suggest th...
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| Format: | Article |
| Language: | English |
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Elsevier Ltd
2018
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| Online Access: | View Fulltext in Publisher |