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...
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| Weitere Verfasser: | , , |
| Format: | Zeitschrift |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2019.
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| Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2019/265 |
| Online Zugang: | Full text available on IMF |