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- W1570047462 abstract "This study shows that firms with good corporate governance are consistently associated with both lower cost of equity and cost of debt capital in an international setting. The association between corporate governance and the cost of equity is more pronounced in countries with strong legal systems, extensive disclosure practices, and good government quality. However, the relation between corporate governance and the cost of debt is stronger in countries characterized by weak legal protection, low transparency, and poor government quality. The differential relations can be attributed to asymmetric payoffs received by creditors and shareholders." @default.
- W1570047462 created "2016-06-24" @default.
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- W1570047462 date "2014-06-06" @default.
- W1570047462 modified "2023-10-02" @default.
- W1570047462 title "Corporate Governance and the Cost of Capital: An International Study" @default.
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- W1570047462 doi "https://doi.org/10.1111/irfi.12034" @default.
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