Illiquidity and the cost of equity capital : evidence from actual estimates of capital cost for U.S. data
Year of publication: |
January 14, 2022
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Authors: | Goyal, Amit ; Subrahmanyam, Avanidhar ; Swaminathan, Bhaskaran |
Publisher: |
Geneva : Swiss Finance Institute |
Subject: | Trading Costs | Cost of Capital | Determinants of Equity Returns | Liquidity Premia | Schätzung | Estimation | Kapitalkosten | Cost of capital | USA | United States | Kapitaleinkommen | Capital income | CAPM | Kosten | Costs | Risikoprämie | Risk premium | Liquidität | Liquidity | Betriebliche Liquidität | Corporate liquidity | Eigenkapital | Equity capital |
Extent: | 1 Online-Ressource (circa 74 Seiten) Illustrationen |
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Series: | Research paper series / Swiss Finance Institute. - Geneva, ZDB-ID 2392286-2. - Vol. no 21, 87 |
Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper |
Language: | English |
Other identifiers: | 10.2139/ssrn.3905830 [DOI] |
Classification: | G12 - Asset Pricing |
Source: | ECONIS - Online Catalogue of the ZBW |
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