Skip to main content
padlock icon - secure page this page is secure

Time-varying Cost of Equity Capital in Southeast Asian Countries

Buy Article:

$52.00 + tax (Refund Policy)

This paper investigates variation in the cost of equity capital for the Southeast Asian countries using firm-level data over the period of 1990–2004. It is found that decreases in the firm-level cost of equity capital have been associated with stock market liberalization and securities market development. The results of the present study suggest that earlier empirical evidence regarding the decrease in the cost of equity capital using country-level data cannot be generalized to different types of firms. There has been significant time variation in the cost of equity capital within countries and across firms.
No References
No Citations
No Supplementary Data
No Article Media
No Metrics

Keywords: D2; G15; G31; K12; cost of equity capital; emerging markets; institutions; securities law; stock market liberalization

Document Type: Research Article

Publication date: June 1, 2007

  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more