文章基本信息

标题：Impact of Corporate Disclosure on Cost of Equity Capital in Vietnam
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作者：Dung Viet Nguyen ; Lan Thi Ngoc Nguyen
期刊名称：International Journal of Financial Research
印刷版ISSN：1923-4023
电子版ISSN：1923-4031
出版年度：2017
卷号：8
期号：4
页码：p64
DOI：10.5430/ijfr.v8n4p64
出版社：Sciedu Press
摘要：The objective of the paper is to test the impact of corporate disclosure on the cost of equity capital for firms listed on Vietnam’s stock market. We use the Botosan (1997) scoring methodology and the residual income valuation model to measure disclosure level and the implied cost of equity capital. Our findings suggest that, taking into account other determinants, disclosure has a significant reducing impact on the cost of equity capital.
其他摘要：The objective of the paper is to test the impact of corporate disclosure on the cost of equity capital for firms listed on Vietnam’s stock market. We use the Botosan (1997) scoring methodology and the residual income valuation model to measure disclosure level and the implied cost of equity capital. Our findings suggest that, taking into account other determinants, disclosure has a significant reducing impact on the cost of equity capital.