Haddad, Ayman E.; Abughazaleh, Naser M.; Al-Hares, Osama M. - In: International Journal of Accounting and Finance 4 (2014) 3, pp. 240-260
This study estimates the implied cost of equity capital of the Jordanian companies listed at the Amman Stock Exchange using the residual income valuation model suggested by Gebhardt, Lee, and Swaminathan (GLS) (2001). The results show that the implied cost of equity capital computed from the GLS...