Chen, Bo; Zhang, Aojie - In: Borsa Istanbul Review 21 (2021), pp. S38-S45
of equity capital from the perspectives of enterprise risk management and capital market risk pricing and discusses the …-Juettner (OJ) model to calculate the cost of equity capital and accounting earnings volatility to measure operating risk. Our … equity capital; second, CSR performance is significantly negatively correlated with operating risk; third, operating risk is …