Disclosure, Analyst Forecast Bias, and the Cost of Equity Capital
This dissertation investigates the relation between firm disclosure, analyst forecast bias, and the cost of equity capital (COEC). Since analyst forecast bias is associated with both implied COEC estimates and disclosure, it is important to control for or remove it from COEC estimates when estimatin...
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| Language: | en_ca |
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2009
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| Online Access: | http://hdl.handle.net/1807/19199 |