Purpose – The purpose of this paper is to examine the relationship between the level of investor relations and cost of capital of Japanese electric appliance firms. Design/methodology/approach – A two‐step estimation procedure is used to estimate a regression model of a firm's information...

Purpose This study aims to investigate information risk in relation to stock returns of a firm and whether information risk is priced in China. Design/methodology/approach The authors used accruals quality (AQ) as their measure of information risk and performed Fama-Macbeth regressions to...

This research investigates how investor base affects the cost of equity capital (COE) in Indian companies, particularly in market conditions with weak investor protection and increased ownership concentration by promoters and families. Using ordinary least squares (OLS), panel fixed effects, and...