DocumentCode
3568483
Title
Notice of Retraction
Accounting conservatism and cost of equity capital — Evidence from China´s security market
Author
Zhang Changhai ; Wu Shunxiang
Author_Institution
Econ. & Manage. Sch., Hainan Univ., Haikou, China
Volume
2
fYear
2011
Firstpage
430
Lastpage
434
Abstract
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Using 2,116 observations from 2007 to 2008, we investigate the relation of accounting conservatism and cost of equity capital, and the influence of property rights on it. We find accounting conservatism is negatively related to equity cost and state ownership lower the influence of conservatism on cost of equity capital.
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Using 2,116 observations from 2007 to 2008, we investigate the relation of accounting conservatism and cost of equity capital, and the influence of property rights on it. We find accounting conservatism is negatively related to equity cost and state ownership lower the influence of conservatism on cost of equity capital.
Keywords
accounting; securities trading; China; accounting conservatism; equity capital; equity cost; property rights; security market; state ownership; Biological system modeling; Companies; Correlation; Databases; Industries; Profitability; accounting conservatism; cost of equity capital; property rights;
fLanguage
English
Publisher
ieee
Conference_Titel
Business Management and Electronic Information (BMEI), 2011 International Conference on
Print_ISBN
978-1-61284-108-3
Type
conf
DOI
10.1109/ICBMEI.2011.5917939
Filename
5917939
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