Effects of Firm Size on the Relationship between Disclosure and Cost of Equity Capital in Companies Listed in Tehran Stock Exchange

This study investigates the effects of firm size on the relationship between disclosure and cost of capital equity. The purpose of this study is to provide a formal test on the claim that states large firms benefit from disclosure, more than small firms. In this study, we have used a sample of 107 f...

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Autores principales:	Omid Pourheidari, Nasrin Yousefzadeh, Zeynab Azami
Formato:	article
Lenguaje:	FA
Publicado:	Shahid Bahonar University of Kerman 2014
Materias:	disclosure information asymmetry cost of equity firm size Accounting. Bookkeeping HF5601-5689
Acceso en línea:	https://doaj.org/article/5183e25d4eed4f71aa8e86f88243da70
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spelling	oai:doaj.org-article:5183e25d4eed4f71aa8e86f88243da702021-11-04T19:47:20ZEffects of Firm Size on the Relationship between Disclosure and Cost of Equity Capital in Companies Listed in Tehran Stock Exchange2008-89142476-292X10.22103/jak.2014.861https://doaj.org/article/5183e25d4eed4f71aa8e86f88243da702014-12-01T00:00:00Zhttps://jak.uk.ac.ir/article_861_8906472645be2d2c188bd028a933ad67.pdfhttps://doaj.org/toc/2008-8914https://doaj.org/toc/2476-292XThis study investigates the effects of firm size on the relationship between disclosure and cost of capital equity. The purpose of this study is to provide a formal test on the claim that states large firms benefit from disclosure, more than small firms. In this study, we have used a sample of 107 firms listed in the Tehran Stock Exchange in the period 1385 to 1389. Multiple regression analysis is used to test the claim hypothesis. The results showed that firm size moderates the relationship between disclosure and cost of equity. The result revealed a significant negative relationship between disclosure and cost of equity for large firms and a non-significant relationship for small firms.Omid PourheidariNasrin YousefzadehZeynab AzamiShahid Bahonar University of Kermanarticledisclosureinformation asymmetrycost of equityfirm sizeAccounting. BookkeepingHF5601-5689FAمجله دانش حسابداری, Vol 5, Iss 18, Pp 91-111 (2014)
institution	DOAJ
collection	DOAJ
language	FA
topic	disclosure information asymmetry cost of equity firm size Accounting. Bookkeeping HF5601-5689
spellingShingle	disclosure information asymmetry cost of equity firm size Accounting. Bookkeeping HF5601-5689 Omid Pourheidari Nasrin Yousefzadeh Zeynab Azami Effects of Firm Size on the Relationship between Disclosure and Cost of Equity Capital in Companies Listed in Tehran Stock Exchange
description	This study investigates the effects of firm size on the relationship between disclosure and cost of capital equity. The purpose of this study is to provide a formal test on the claim that states large firms benefit from disclosure, more than small firms. In this study, we have used a sample of 107 firms listed in the Tehran Stock Exchange in the period 1385 to 1389. Multiple regression analysis is used to test the claim hypothesis. The results showed that firm size moderates the relationship between disclosure and cost of equity. The result revealed a significant negative relationship between disclosure and cost of equity for large firms and a non-significant relationship for small firms.
format	article
author	Omid Pourheidari Nasrin Yousefzadeh Zeynab Azami
author_facet	Omid Pourheidari Nasrin Yousefzadeh Zeynab Azami
author_sort	Omid Pourheidari
title	Effects of Firm Size on the Relationship between Disclosure and Cost of Equity Capital in Companies Listed in Tehran Stock Exchange
title_short	Effects of Firm Size on the Relationship between Disclosure and Cost of Equity Capital in Companies Listed in Tehran Stock Exchange
title_full	Effects of Firm Size on the Relationship between Disclosure and Cost of Equity Capital in Companies Listed in Tehran Stock Exchange
title_fullStr	Effects of Firm Size on the Relationship between Disclosure and Cost of Equity Capital in Companies Listed in Tehran Stock Exchange
title_full_unstemmed	Effects of Firm Size on the Relationship between Disclosure and Cost of Equity Capital in Companies Listed in Tehran Stock Exchange
title_sort	effects of firm size on the relationship between disclosure and cost of equity capital in companies listed in tehran stock exchange
publisher	Shahid Bahonar University of Kerman
publishDate	2014
url	https://doaj.org/article/5183e25d4eed4f71aa8e86f88243da70
work_keys_str_mv	AT omidpourheidari effectsoffirmsizeontherelationshipbetweendisclosureandcostofequitycapitalincompanieslistedintehranstockexchange AT nasrinyousefzadeh effectsoffirmsizeontherelationshipbetweendisclosureandcostofequitycapitalincompanieslistedintehranstockexchange AT zeynabazami effectsoffirmsizeontherelationshipbetweendisclosureandcostofequitycapitalincompanieslistedintehranstockexchange
_version_	1718444590526103552

Effects of Firm Size on the Relationship between Disclosure and Cost of Equity Capital in Companies Listed in Tehran Stock Exchange

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