Schreder, Max - In: Journal of Accounting Literature 41 (2018) 1, pp. 142-172
This paper provides a quantitative review of the literature on the repercussions of idiosyncratic information on firms’ cost of equity (CoE) capital. In total, I review the results of 113 unique studies examining the CoE effects of information Quantity, Precision and Asymmetry . My results...