Cover Image

Disclosure Level and Cost Equity : A Theoretical Framework

Nowadays the users of financial reports are more demanding and requesting better information of a company’s performance. With the sophistication in the business environment, disclosure is becoming more important to business communities. The impact of information disclosure in the annual reports to t...

Full description

Saved in:
Bibliographic Details
Main Author: Mohd Waliuddin, Mohd Razali
Format: Article
Language:English
Published: UNIMAS Publisher 2019
Subjects:
HB Economic Theory
HG Finance
Online Access:http://ir.unimas.my/id/eprint/28487/1/Mohd%20Waliuddin.pdf
http://ir.unimas.my/id/eprint/28487/
http://publisher.unimas.my/ojs/index.php/URAF/article/view/1968
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.unimas.ir.28487
record_format eprints
spelling my.unimas.ir.284872021-04-20T23:48:28Z http://ir.unimas.my/id/eprint/28487/ Disclosure Level and Cost Equity : A Theoretical Framework Mohd Waliuddin, Mohd Razali HB Economic Theory HG Finance Nowadays the users of financial reports are more demanding and requesting better information of a company’s performance. With the sophistication in the business environment, disclosure is becoming more important to business communities. The impact of information disclosure in the annual reports to the cost of equity capital is of significant interest to managers. This paper review literatures from many theoretical papers and empirical studies the effect information disclosure on cost equity capital. Many theories being discuss in this paper such as agency cost theory, signaling theory, capital markets transaction hypothesis, and positive accounting theory. Many empirical studies proved that disclosure reduce cost equity capital by reducing the information asymmetry and increasing the companies’ liquidity. UNIMAS Publisher 2019-12 Article PeerReviewed text en http://ir.unimas.my/id/eprint/28487/1/Mohd%20Waliuddin.pdf Mohd Waliuddin, Mohd Razali (2019) Disclosure Level and Cost Equity : A Theoretical Framework. UNIMAS Review of Accounting and Finance, 2 (1). pp. 65-76. ISSN 2590-3543 http://publisher.unimas.my/ojs/index.php/URAF/article/view/1968
institution Universiti Malaysia Sarawak
building Centre for Academic Information Services (CAIS)
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Sarawak
content_source UNIMAS Institutional Repository
url_provider http://ir.unimas.my/
language English
topic HB Economic Theory
HG Finance
spellingShingle HB Economic Theory
HG Finance
Mohd Waliuddin, Mohd Razali
Disclosure Level and Cost Equity : A Theoretical Framework
description Nowadays the users of financial reports are more demanding and requesting better information of a company’s performance. With the sophistication in the business environment, disclosure is becoming more important to business communities. The impact of information disclosure in the annual reports to the cost of equity capital is of significant interest to managers. This paper review literatures from many theoretical papers and empirical studies the effect information disclosure on cost equity capital. Many theories being discuss in this paper such as agency cost theory, signaling theory, capital markets transaction hypothesis, and positive accounting theory. Many empirical studies proved that disclosure reduce cost equity capital by reducing the information asymmetry and increasing the companies’ liquidity.
format Article
author Mohd Waliuddin, Mohd Razali
author_facet Mohd Waliuddin, Mohd Razali
author_sort Mohd Waliuddin, Mohd Razali
title Disclosure Level and Cost Equity : A Theoretical Framework
title_short Disclosure Level and Cost Equity : A Theoretical Framework
title_full Disclosure Level and Cost Equity : A Theoretical Framework
title_fullStr Disclosure Level and Cost Equity : A Theoretical Framework
title_full_unstemmed Disclosure Level and Cost Equity : A Theoretical Framework
title_sort disclosure level and cost equity : a theoretical framework
publisher UNIMAS Publisher
publishDate 2019
url http://ir.unimas.my/id/eprint/28487/1/Mohd%20Waliuddin.pdf
http://ir.unimas.my/id/eprint/28487/
http://publisher.unimas.my/ojs/index.php/URAF/article/view/1968
_version_ 1698700813776453632
score 13.211869

Similar Items