Bank Capital and the Cost of Equity /

Using a sample of publicly listed banks from 62 countries over the 1991-2017 period, we investigate the impact of capital on banks' cost of equity. Consistent with the theoretical prediction that more equity in the capital mix leads to a fall in firms' costs of equity, we find that better...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Belkhir, Mohamed
مؤلفون آخرون: Ben Naceur, Sami, Chami, Ralph, Semet, Anis
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2019.
سلاسل:IMF Working Papers; Working Paper ; No. 2019/265
الوصول للمادة أونلاين:Full text available on IMF