International Journal of Research in Business and Social Science

International Journal of Research in Business and Social Science

The Impact of Intellectual Capital Disclosure and Information Asymmetry on the Cost of Equity Capital: An Empirical Investigation in Indonesia

Yazarlar: Bombang Hadi Prabowo

Cilt 6 , Sayı 5 , 2017 , Sayfalar -

Konular:

Anahtar Kelimeler:Cost of Equity Capital Intellectual Capital Information Asymmetry

Özet: This research aims to analyze the impact of Intellectual Capital Disclosure and Information Asymmetry on Cost of Equity Capital and stock prices. It used purporsive sampling and studied LQ 45 companies enlisted in 2014-2015 Indonesia Stock Exchange. The research data gathered through non-partisan observation method and then analyzed with PLS analysis equation. The result shown: (1) Information Asymmetry has positive significance towards stock price; (2) Intellectual Capital has insignificant positive influence towards stock price; (3) Intellectual Capital has insignificant positive influence towards Cost of Equity Capita; (4) Information Asymmetry has insignificant positive towards Cost of Equity Capital; (5) Cost of Equity Capital has insignificant negative influence towards stock price. This research result validate previous researches’ findings especially in agency theory and asymmetry theory.


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BibTex
KOPYALA
@article{2017, title={The Impact of Intellectual Capital Disclosure and Information Asymmetry on the Cost of Equity Capital: An Empirical Investigation in Indonesia}, volume={6}, number={0}, publisher={International Journal of Research in Business and Social Science}, author={Bombang Hadi Prabowo}, year={2017} }
APA
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Bombang Hadi Prabowo. (2017). The Impact of Intellectual Capital Disclosure and Information Asymmetry on the Cost of Equity Capital: An Empirical Investigation in Indonesia (Vol. 6). Vol. 6. International Journal of Research in Business and Social Science.
MLA
KOPYALA
Bombang Hadi Prabowo. The Impact of Intellectual Capital Disclosure and Information Asymmetry on the Cost of Equity Capital: An Empirical Investigation in Indonesia. no. 0, International Journal of Research in Business and Social Science, 2017.