Information content of forward-looking disclosure

被引：0
|
作者：
Gantyowati, E. [1 ]
Payamta [1 ]
Winarna, J. [1 ]
Wijayanto, A. [1 ]
机构：
[1] Univ Sebelas Maret, Econ & Business Fac, Surakarta, Indonesia
来源：
BUSINESS INNOVATION AND DEVELOPMENT IN EMERGING ECONOMIES | 2019年
关键词：
forward-looking disclosure; cost of equity capital; concentrated ownership; VOLUNTARY DISCLOSURE; EARNINGS QUALITY; COST; LEVEL; MANAGEMENT; POLICY;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The study examines the relationship between forward-looking disclosures and the cost of equity capital for the banking sector. This research is important because financial and non-financial forward-looking disclosures demonstrate bank capability. Financing online service competition conditions influences the role of forward-looking disclosures for the assessment of bank capability. Three years of data and multiple regression are used to test the relationship. The result shows that forward-looking disclosures (non-financial) can significantly decrease the cost of equity capital. There is an interesting finding that forward-looking disclosures are still useful, although other information is available in online media, and they have a role in relation to bank capability.
引用
收藏
页码：209 / 216
页数：8
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