Industries
partager
Using a sample of publicly listed banks from 62 developed and developing, including MENA, countries over the 1991-2017 period, we investigate the impact of capital on banks’ cost of equity. We report the highest median cost of equity in Lebanon with 25.1%.
ABSTRACT:
Consistent with the theoretical prediction that more equity in the capital mix leads to a fall in firms’ costs of equity, we find that better capitalised banks enjoy lower equity costs.
Consistent with the theoretical prediction that more equity in the capital mix leads to a fall in firms’ costs of equity, we find that better capitalised banks enjoy lower equity costs.
Rapports de la même institution
-
Exchange Rate Pass-Through, Inflation and Monetary Policy in Egypt
-
The role of cooperatives in enhancing social and economic inclusion: determinants of turnover growth and survival under COVID-19
-
Exogenous vs. Endogenous Obstacles to Funding Female Entrepreneurs in MENA Countries (2013-2019)
-
Assessing Healthcare Systems Resilience and Consequences amidst COVID-19 Pandemic.
Fichier pdf à télécharger :
