| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5086846 | Journal of Accounting and Economics | 2011 | 18 Pages |
Abstract
⺠It is important to understand the underlying mechanisms linking information quality and cost of capital. ⺠I find that higher information quality is associated with lower liquidity risk. ⺠The reduction in cost of capital due to this association is economically significant. ⺠This association is stronger in times of large shocks to market liquidity.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Accounting
Authors
Jeffrey Ng,