We examine the influence of institutional investors' investment horizons on a firm's cost of equity. We argue that the … cost of equity will decrease in the presence of institutional investors with longer-term investment horizons due to … improved monitoring and information quality. Our empirical results demonstrate that the cost of equity declines in the presence …

We examine the effects of geographic deregulation on banks' cost of equity (COE) using changes in interstate bank …

religious counties enjoy cheaper equity financing costs. This result is robust to a battery of sensitivity tests, including … addressing endogeneity. In another set of tests, we find that the equity pricing role that religion plays comes predominantly … from Mainline Protestants. We also document that the effect of religiosity on firms' cost of equity capital is larger for …

Motivated by recent research on the costs and benefits of political connection, we examine the cost of equity capital … lower cost of equity capital than their non-connected peers. We find further that political connections are more valuable … on firms' equity financing costs is influenced by the prevailing country-level institutional and political environment …