Detail The Influencing Market Liquidity Association Between Asmmetric Information and Cost of Equity Capital   Oleh:  Mardiyah, Aida Ainul Jenis: Article from Bulletin/Magazine Dalam koleksi: Jurnal Manajemen dan Pemasaran Jasa vol. 2 no. 1 (Mar. 2006), page 1-22. Topik: market; cost of equity capital; market liquidity; asymmetric information and contingency approach Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: JJ144 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel The issue of this research was the existence of inconsistence in bid ask spread theory association between asymmetric information and cost of equity capital. To overcome the incnsistence, contingency approach was used. This approach gave an idea that the association between assymmetric information and cost of equity capital differed in one situation with another. In another word, contingency approach systematically evaluates various conditions or variables that can influence the association between asymmetric information and cost of equity capital. Another issue rederred to research methodology in measurement revision on cost of equity capital using edward bell ohlson (EBO) method and asymmetric information using total spread method. The objective of this research was the influence testing on market liquidity association between asymmetric information and cost of equity capital. The analysis units were 152 companies listed ont he jakarta stock exchange during 1999-2001. Sampling method used was purposive sampling. Data used were the secondary ones. There were two hypotheses to be tested using multiple regressions under moderated regression analysis (MRA). Result of this researches showed the higher effect of market liquidity, the lower association between asymmetric information and cost of equity capital. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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