Illiquidity and the cost of equity capital : evidence from actual estimates of capital cost for U.S. data
Amit Goyal, Avanidhar Subrahmanyam, Bhaskaran Swaminathan
| Year of publication: |
2023
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|---|---|
| Authors: | Goyal, Amit ; Subrahmanyam, Avanidhar ; Swaminathan, Bhaskaran |
| Published in: |
Review of financial economics : RFE. - Hoboken, NJ : Wiley, ISSN 1873-5924, ZDB-ID 2015922-5. - Vol. 41.2023, 4, p. 364-391
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| Subject: | cost of capital | determinants of equity returns | liquidity Premia | trading costs | Schätzung | Estimation | Kapitalkosten | Cost of capital | USA | United States | Kapitaleinkommen | Capital income | Kosten | Costs | CAPM | Risikoprämie | Risk premium | Liquidität | Liquidity | Betriebliche Liquidität | Corporate liquidity | Eigenkapital | Equity capital |
Online Resource
| Type of publication: | Article |
|---|---|
| Type of publication (narrower categories): | Aufsatz in Zeitschrift ; Article in journal |
| Language: | English |
| Other identifiers: | 10.1002/rfe.1179 [DOI] |
| Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10014431274