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Output details

19 - Business and Management Studies

University of Edinburgh

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Article title

Industry Cost of Equity Capital: UK Evidence

Type
D - Journal article
Title of journal
Journal of Business Finance & Accounting
Article number
-
Volume number
36
Issue number
5-6
First page of article
679
ISSN of journal
0306-686X
Year of publication
2009
Number of additional authors
1
Additional information

The published version is substantially different from the earlier working paper, as it went through a full peer-review process. This led to the following changes being made:

1. Additional tests and results strengthening the analysis. These involved new rolling regressions and the inclusion of a fourth model for investigation.

2. The data structure was enhanced to provide a more coherent grouping of industries which considerably strengthen the predictive power of the models.

3. The conclusions have been augmented to specify the extremely important policy implications of the findings.

Thus data, analysis, models tested and conclusions all changed significantly.

Interdisciplinary
-
Cross-referral requested
-
Research group
A - Accounting and Finance
Proposed double-weighted
No
Double-weighted statement
-
Reserve for a double-weighted output
No
Non-English
No
English abstract
-