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Legal Protection of Investors, Corporate Governance, and the Cost of Equity Capital
This study examines the effect of firm-level corporate governance on the cost of equity capital in emerging markets and how the effect is influenced by country-level legal protection of investors. WeExpand
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Agency Costs of Free Cash Flow and the Effect of Shareholder Rights on the Implied Cost of Equity Capital
In this paper, we examine the effect of shareholder rights on reducing the cost of equity and the impact of agency problems from free cash flow (FCF) on this effect. We find that firms with strongExpand
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Testing multivariate distributions in GARCH models
In this paper, we consider testing distributional assumptions in multivariate GARCH models based on empirical processes. Using the fact that joint distribution carries the same amount of informationExpand
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Foreign direct investment and wage inequality : evidence from China
Summary This study provides micro-level evidence on the close link between foreign participation and wage inequality. We investigate the wage premium and the wage spillover effect of foreign-investedExpand
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Disclosure, Corporate Governance, and the Cost of Equity Capital: Evidence from Asia's Emerging Markets
This paper examines the effects of disclosure and other corporate governance mechanisms on the cost of equity capital in Asia's emerging markets with newly released surveys from Credit LyonnaisExpand
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Regulation fair disclosure and the cost of equity capital
We examine the effect of Regulation Fair Disclosure (Reg FD) on the cost of equity capital. We find some evidence that (1) the cost of capital declines in the post-Reg FD period relative to theExpand
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Directors׳ and officers׳ liability insurance and the cost of equity☆
We examine whether directors׳ and officers׳ (D&O) liability insurance affects a firm’s cost of equity. We find a positive association between D&O insurance and the cost of equity. Information qualityExpand
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Globalization and Gender Wage Inequality in China
This paper uses an enterprise-population-level dataset to investigate the link between globalization and gender inequality in the Chinese labor market. We find that foreign and exporting firms employExpand
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Executive Pay Disparity and the Cost of Equity Capital
Executive pay disparity, as measured by chief executive officer (CEO) pay slice (CPS), is positively associated with the implied cost of equity, even after controlling for other determinants of theExpand
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Selective Transfer With Reinforced Transfer Network for Partial Domain Adaptation
In this paper, we propose a reinforced transfer network (RTNet), which utilizes both high-level and pixel-level information for PDA problem. Expand
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