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Persistent link: https://www.econbiz.de/10009406368
This paper examines whether and how inside ownership mediates the relation between disclosure quality and the cost of capital. Both ownership and more transparent reporting have the potential to align incentives between managers and investors thereby reducing systematic risk. Employing a large...
Persistent link: https://www.econbiz.de/10013053250
Persistent link: https://www.econbiz.de/10009349802
Persistent link: https://www.econbiz.de/10011302906
This paper examines whether and how inside ownership mediates the relation between disclosure quality and the cost of capital. Both ownership and more transparent reporting have the potential to align incentives between managers and investors thereby reducing systematic risk. Employing a large...
Persistent link: https://www.econbiz.de/10013024815
Persistent link: https://www.econbiz.de/10012421003