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
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.
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;
Conference_Titel :
Business Management and Electronic Information (BMEI), 2011 International Conference on
Print_ISBN :
978-1-61284-108-3
DOI :
10.1109/ICBMEI.2011.5917939
