Haddad, Ayman E.; Abughazaleh, Naser M.; Al-Hares, Osama M. - In: International Journal of Accounting and Finance 4 (2014) 3, pp. 240-260
This study estimates the implied cost of equity capital of the Jordanian companies listed at the Amman Stock Exchange … the implied cost of equity capital computed from the GLS approach produces a mean of ex-ante cost of equity capital of 9 … the implied cost of equity capital is associated significantly with all risk proxies in the predicted directions, while …