Reducing the cost of capital and forming an appropriate capital structure is one of the most important actions of companies in order to increase the value of the company and shareholders. The purpose of this study is to investigate the effect of implicit capital cost of equity on the return on investment of the company due to information asymmetry in companies listed on the stock exchange. In terms of the type of purpose, the research is part of applied research and the research method is correlational in terms of nature and content. The research was conducted in the framework of deductive-inductive reasoning and panel analysis was used to analyze the hypotheses. To collect information, data from 136 companies listed on the Tehran Stock Exchange in the period 1390-1397 have been used. The results of this study show that the cost of implicit capital of equity has a significant inverse effect on the return on investment of the company. Information asymmetry also reinforces the negative impact of implicit capital cost of equity on the return on investment of the company.
khoshkar,F. , ghanbari,A. and ghanadi,M. S. (2021). The effect of implicit capital cost of equity on the return on investment of the company due to information asymmetry. Journal of Accounting and Management Vision, 3(37), 106-118.
MLA
khoshkar,F. , , ghanbari,A. , and ghanadi,M. S. . "The effect of implicit capital cost of equity on the return on investment of the company due to information asymmetry", Journal of Accounting and Management Vision, 3, 37, 2021, 106-118.
HARVARD
khoshkar F., ghanbari A., ghanadi M. S. (2021). 'The effect of implicit capital cost of equity on the return on investment of the company due to information asymmetry', Journal of Accounting and Management Vision, 3(37), pp. 106-118.
CHICAGO
F. khoshkar, A. ghanbari and M. S. ghanadi, "The effect of implicit capital cost of equity on the return on investment of the company due to information asymmetry," Journal of Accounting and Management Vision, 3 37 (2021): 106-118,
VANCOUVER
khoshkar F., ghanbari A., ghanadi M. S. The effect of implicit capital cost of equity on the return on investment of the company due to information asymmetry. Journal of Accounting and Management Vision, 2021; 3(37): 106-118.
