Does Financial Market Structure Impact the Cost of Capital?

2017 ◽  
Author(s):  
James A Brugler ◽  
Carole Comerton-Forde ◽  
Terrence Hendershott
Keyword(s):  
Market Structure ◽  
Financial Market ◽  
Cost Of Capital ◽  
The Cost

Disclosure Effects in the Laboratory: Liquidity, Depth, and the Cost of Capital

2000 ◽  
Vol 75 (1) ◽  
pp. 13-41 ◽  
Author(s):  
Robert J. Bloomfield ◽  
T. Jeffrey Wilks
Keyword(s):  
Financial Market ◽  
Cost Of Capital ◽  
Broad Class ◽  
Empirical Studies ◽  
Potential Importance ◽  
Archival Studies ◽  
Disclosure Quality ◽  
Demand Shocks ◽  
Transaction Prices ◽  
The Cost

Greater disclosure quality leads to higher prices and greater liquidity in a laboratory financial market, and these effects are stronger when investors face the risk of unpredictable demand shocks. These results are consistent with a broad class of theoretical and empirical studies. Disclosure has larger effects on prices and liquidity at greater market depths. We conclude that archival studies looking only at quoted transaction prices and spreads (which typically pertain to small transactions) may underestimate the potential importance of disclosure on larger transactions that occur at greater market depths.

scholarly journals Investment, Market Structure, and the Cost of Capital

1979 ◽  
Vol 34 (1) ◽  
pp. 85-92 ◽  
Author(s):  
VAROUJ A. AIVAZIAN ◽  
JEFFREY L. CALLEN
Keyword(s):  
Market Structure ◽  
Cost Of Capital ◽  
The Cost

scholarly journals Market Structure and the Cost of Capital

2013 ◽  
Author(s):  
Mohamed El Hedi Arouri ◽  
Christophe Rault ◽  
Robert Sova ◽  
Anamaria Sova
Keyword(s):  
Market Structure ◽  
Cost Of Capital ◽  
The Cost

scholarly journals Market structure and the cost of capital

2013 ◽  
Vol 31 ◽  
pp. 664-671 ◽  
Author(s):  
Mohamed El Hedi Arouri ◽  
Christophe Rault ◽  
Anamaria Sova ◽  
Robert Sova ◽  
Frédéric Teulon
Keyword(s):  
Market Structure ◽  
Cost Of Capital ◽  
The Cost

An Introduction to the Cost of Capital

2010 ◽  
Author(s):  
Ignacio Velez-Pareja ◽  
Joseph Tham
Keyword(s):  
Cost Of Capital ◽  
The Cost

Institutional Investors, Private Information, and the Cost of Capital

2011 ◽  
Author(s):  
Huong Giang (Lily) Nguyen ◽  
Xiangkang Yin ◽  
Luong Hoang Luong
Keyword(s):  
Private Information ◽  
Institutional Investors ◽  
Cost Of Capital ◽  
The Cost
Sign in / Sign up

Export Citation Format

Share Document