We empirically examine the associations between the cost of capital and the timeliness of analysts' earnings forecasts, as a proxy for disclosure precision. We document that as the precision of the information increases so does the cost of capital, consistent with prior research showing more...

The Bohai Economic Rim plays an important role in supporting China’s economic growth. For this research, we selected nine main ports in the region to study whether intra-port competition or corporatization would improve efficiency. Using a panel fixed effect model and stochastic frontier...