Notice of RetractionResearch on the way of the effect information disclosure quality does on the cost of equity capital considering the time element

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.

Based on the extended analysis of the economic time line, the paper designs dynamic and laconic operating chart of listed company, and finally proposes theoretical way about the effect the information disclosure quality does on the cost of equity capital considering the time element. The findings suggest that the disclosure of listed company, such as Bulletin and provisional notice, will affect the current stock investors, thus affecting its current cost of equity capital; while the annual reports will affect the stock investors in later stages, thus affecting the cost of equity capital in later stages.