Reference : Does compliance with the German Corporate Governance Code pay off?: An investigation ...
Scientific journals : Article
Business & economic sciences : Accounting & auditing
Finance
http://hdl.handle.net/10993/28445
Does compliance with the German Corporate Governance Code pay off?: An investigation of the implied cost of capital
English
Kaspereit, Thomas mailto [University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA) >]
Lopatta, Kerstin mailto [University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > >]
Zimmermann, Jochen [University of Bremen]
2015
Journal of Risk Finance
Emerald Group Publishing Limited
16
3
344-376
Yes (verified by ORBilu)
International
1526-5943
[en] s German corporate governance code ; Implied cost of capital ; Model-based forecasts
[en] This paper aims to empirically investigate the relationship between the level of compliance
with the German Corporate Governance Code’s (GCGC) recommendations and the implied cost of equity capital (ICC). German listed companies are required by law to annually disclose their compliance with the recommendations of the GCGC. Whether the GCGC achieves its aim to promote the trust of stakeholders in the management and supervision is still an open question
http://hdl.handle.net/10993/28445
10.1108/JRF-10-2014-0150

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