Bozec, Yves; Laurin, Claude; Meier, Iwan - In: International Journal of Managerial Finance 10 (2014) January, pp. 93-114
Purpose – The purpose of this study is to investigate the relationship between dominant shareholders, whose voting rights exceed cash flow rights (excess control), and firms’ cost of capital, including both equity capital and debt. Design/methodology/approach – This research is conducted...