Mendes-Da-Silva, Wesley; Onusic, Luciana Massaro; … - In: Journal of Emerging Market Finance 13 (2014) 3, pp. 335-365
The aim of this article is to show the existence of a relationship between voluntary disclosure via corporate websites and the ex-ante cost of capital of companies listed on the BM&FBovespa. Ordinary least-squares regression equations produced the following results: (a) on average, the companies...