He, William Peng; Lepone, Andrew; Leung, Henry - In: International Review of Economics & Finance 27 (2013) C, pp. 611-620
This study examines the relation between information asymmetry and the cost of equity capital of firms listed on the Australian Securities Exchange. We calculate the ex ante cost of equity capital for constituent companies of the S&P/ASX 200 Index. The bid–ask spread of the companies is...
