Diantimala, Yossi; Syahnur, Sofyan; Islahuddin, Islahuddin - In: Cogent business & management 9 (2022) 1, pp. 1-18
This study examines the impact of voluntary disclosure on the cost of capital and information asymmetry, and thereby on firm value in a comprehensively recursive model. We argue that there is unidirectional dependency among the information asymmetry, cost of capital, and such firm value, hence,...
