Artikel

Corporate governance and cost of capital: Evidence from emerging market

zu Verbundenen Objekten

This study used a researcher self-constructed corporate governance index as a proxy to measure the firm-level corporate governance compliance and disclosure with the 2002 Pakistani Code of Corporate Governance, to examine the relationship between corporate governance and cost of capital. We found a negative and significant association between the Pakistani Corporate Governance Index (PCGI) and block ownership with the firm-level cost of capital. On average, better-governed Pakistani listed firms tend to be associated with a lower cost of capital than their poorly governed counterparts are. As an emerging market, good corporate governance practices are mainly related to minimise corporate failure and assist firms in attracting capital at a lower cost.

Sprache
Englisch

Erschienen in
Journal: Risks ; ISSN: 2227-9091 ; Volume: 8 ; Year: 2020 ; Issue: 4 ; Pages: 1-29 ; Basel: MDPI

Klassifikation
Wirtschaft
Thema
grouped normal variance mixtures
distribution functions
densities
copulas
grouped t copula
risk measures
quasi-random number sequences

Ereignis
Geistige Schöpfung
(wer)
Khan, Muhammad Yar
Javeed, Anam
Cuong, Ly Kim
Pham Ha
Ereignis
Veröffentlichung
(wer)
MDPI
(wo)
Basel
(wann)
2020

DOI
doi:10.3390/risks8040104
Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Original beim Datenpartner anzeigen

Objekttyp

  • Artikel

Beteiligte

  • Khan, Muhammad Yar
  • Javeed, Anam
  • Cuong, Ly Kim
  • Pham Ha
  • MDPI

Entstanden

  • 2020

Ähnliche Objekte (12)

Germany's capital market and corporate governance

Arbeitspapier

Germany's capital market and corporate governance

Germany's capital market and corporate governance

Germany's capital market and corporate governance

Stock Market Returns, Corporate Governance and Capital Market Equilibrium

Arbeitspapier

Stock Market Returns, Corporate Governance and Capital Market Equilibrium

Corporate governance on intellectual capital disclosure and market capitalization

Artikel

Corporate governance on intellectual capital disclosure and market capitalization

Corporate governance, capital market discipline and the returns on investment

Arbeitspapier

Corporate governance, capital market discipline and the returns on investment

Corporate governance, capital market discipline and the returns on investment

Arbeitspapier | Working paper

Corporate governance, capital market discipline and the returns on investment

Corporate governance, capital market discipline and the returns on investment

Corporate governance, capital market discipline and the returns on investment

Corporate Governance Disclosure in Emerging Markets

Corporate Governance Disclosure in Emerging Markets

Capital market development, corporate governance and the credibility of exchange rate pegs

Arbeitspapier

Capital market development, corporate governance and the credibility of exchange rate pegs

An emerging market for corporate control? : the Mannesmann takover and German corporate governance

An emerging market for corporate control? : the Mannesmann takover and German corporate governance

An emerging market for corporate control? The Mannesmann takeover and German corporate governance

Arbeitspapier

An emerging market for corporate control? The Mannesmann takeover and German corporate governance

An emerging market for corporate control? The Mannesmann takeover and German corporate governance

Arbeitspapier | Working paper

An emerging market for corporate control? The Mannesmann takeover and German corporate governance

Verbundene Objekte