Cuadrado-Ballesteros, Beatriz; Garcia-Sanchez, Isabel-Maria - In: Management Decision 54 (2016) 7, pp. 1669-1701
Purpose – The purpose of this paper is to analyze empirically the fundamental role that information asymmetry plays in the functioning of an efficient capital market as mediator in the relation between corporate disclosures and cost of capital. Design/methodology/approach – By using a sample...