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Do better governed firms enjoy a lower cost of equity capital?: Evidence from Spanish firms
16 references·10 citing·33 second hop
Do better governed firms enjoy a lower cost of equity capital?: Evidence from Spanish firms (2009)Do better governed firms enjoy a lower co…Corporate Governance and Equity Prices (2003)Corporate Governance and Equi…Investor Protection and Corporate Valuation (2002)Investor Protection and Corpo…Disentangling the Incentive and Entrenchment Effects of Large Shareholdings (2002)Disentangling the Incentive a…Audit committee, board of director characteristics, and earnings management (2002)Audit committee, board of dir…Corporate governance, chief executive officer compensation, and firm performance (1999)Corporate governance, chief e…A Survey of Corporate Governance (1997)A Survey of Corporate Governa…Higher market valuation of companies with a small board of directors (1996)Higher market valuation of co…Causes and Consequences of Earnings Manipulation: An Analysis of Firms Subject to Enforcement Actions by the SEC* (1996)Causes and Consequences of Ea…Earnings, Book Values, and Dividends in Equity Valuation* (1995)Earnings, Book Values, and Di…The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)The Modern Industrial Revolut…The Cross-Section of Expected Stock Returns (1992)The Cross-Section of Expected…Outside directors and CEO turnover (1988)Outside directors and CEO tur…Separation of Ownership and Control (1983)Separation of Ownership and C…Agency Problems and the Theory of the Firm (1980)Agency Problems and the Theor…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)CAPITAL ASSET PRICES: A THEOR…Unravelling the intertwined nexus of firm performance, ESG practices, and capital cost in the Chinese business landscape (2023)Unravelling the intertwined n…Corporate governance and cost of equity: the moderating role of ownership concentration levels (2023)Corporate governance and cost…Empirical analysis on corporate environmental performance and environmental disclosure in an emerging market context (2020)Empirical analysis on corpora…Corporate Governance and Cost of Equity: Evidence from Tehran Stock Exchange (2020)Corporate Governance and Cost…Nexus between corporate governance practices and cost of capital in PSX listed firms (2019)Nexus between corporate gover…Impact of corporate governance attributes on cost of equity (2019)Impact of corporate governanc…Family ownership and earnings quality of Thai firms (2019)Family ownership and earnings…Corporate governance: mapping the change (2018)Corporate governance: mapping…Motivations and barriers for corporate social responsibility reporting: Evidence from the airline industry (2016)Motivations and barriers for …Mandatory IFRS adoption and the cost of Equity Capital. Evidence from Spanish Firms (2014)Mandatory IFRS adoption and t…Determinants of corporate borrowing (1977)Management ownership and market valuation (1988)Founding‐Family Ownership and Firm Performance: Evidence from the S&P 500 (2003)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Dividend Policy, Growth, and the Valuation of Shares (1961)The Theory and Measurement of Business Income (1961)Valuation and Clean Surplus Accounting for Operating and Financial Activities* (1995)Capital markets research in accounting (2001)Does Corporate Social Responsibility Affect the Cost of Capital? (2010)The Nature of the Firm (1937)Mergers and the Market for Corporate Control (1965)Dynamic capabilities and strategic management (1997)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)Risk, Return, and Equilibrium: Empirical Tests (1973)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Illiquidity and stock returns: cross-section and time-series effects (2002)The Pricing of Options and Corporate Liabilities (1973)Corporate financing and investment decisions when firms have information that investors do not have (1984)Law and Finance (1998)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Performance Pay and Top-Management Incentives (1990)Agency costs of free cash flow, corporate finance, and takeovers (1996)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)Agency Theory: An Assessment and Review (1989)Strategic assets and organizational rent (1993)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)How do family ownership, control and management affect firm value? (2005)How does financial reporting quality relate to investment efficiency? (2009)The Impact of Corporate Sustainability on Organizational Processes and Performance (2014)Legal Determinants of External Finance (1997)Corporate Ownership Around the World (1999)Investor protection and corporate governance (2000)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1983Separation of Ownership and Control19,446 cited
  • 1964CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK*19,431 cited
  • 1992The Cross-Section of Expected Stock Returns17,251 cited
  • 1997A Survey of Corporate Governance16,237 cited
  • 1980Agency Problems and the Theory of the Firm10,540 cited
  • 1993The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems8,544 cited
  • 1996Higher market valuation of companies with a small board of directors6,614 cited
  • 2003Corporate Governance and Equity Prices6,115 cited
  • 1995Earnings, Book Values, and Dividends in Equity Valuation*5,061 cited
  • 2002Audit committee, board of director characteristics, and earnings management4,633 cited
  • 1999Corporate governance, chief executive officer compensation, and firm performance4,334 cited
  • 1988Outside directors and CEO turnover4,251 cited
  • 1996Causes and Consequences of Earnings Manipulation: An Analysis of Firms Subject to Enforcement Actions by the SEC*4,076 cited
  • 2002Investor Protection and Corporate Valuation

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4,055 cited
  • 2002Disentangling the Incentive and Entrenchment Effects of Large Shareholdings3,845 cited
  • Cited by

    • 2016Motivations and barriers for corporate social responsibility reporting: Evidence from the airline industry76 cited
    • 2020Empirical analysis on corporate environmental performance and environmental disclosure in an emerging market context71 cited
    • 2019Impact of corporate governance attributes on cost of equity42 cited
    • 2020Corporate Governance and Cost of Equity: Evidence from Tehran Stock Exchange35 cited
    • 2023Unravelling the intertwined nexus of firm performance, ESG practices, and capital cost in the Chinese business landscape30 cited
    • 2014Mandatory IFRS adoption and the cost of Equity Capital. Evidence from Spanish Firms26 cited
    • 2019Family ownership and earnings quality of Thai firms26 cited
    • 2018Corporate governance: mapping the change25 cited
    • 2019Nexus between corporate governance practices and cost of capital in PSX listed firms20 cited
    • 2023Corporate governance and cost of equity: the moderating role of ownership concentration levels17 cited