The Effect of Interim Reporting Frequency on the Cost of Capital Around the World
Speaker
Abstract
| This paper examines the effect of interim reporting frequency on the cost of capital, using data from 40 countries. After controlling for known determinants of cost of capital in an international setting, I find that higher interim reporting frequency is reliably associated with lower cost of capital. I obtain mixed evidence when I further investigate how investor protection influences the effect of reporting frequency on the cost of capital. My results have policy implications. |
| Contact information: |
| Paolo Perego |
