Muslim, Ade Imam; Doddy Setiawan - In: Journal of open innovation : technology, market, and … 7 (2021) 1/48, pp. 1-17
Our study aims to investigate how information asymmetry and ownership structure affect cost of equity capital. For that purpose, we collected 246 issuers over 4 years for a total of 984 observations. By using panel data processing, we found that the information asymmetry we proxied through Price...