ScholarLens Back to search
2009•한국재무학회 학술대회Requires access

CORPORATE GOVERANCE AND EQUITY FINANCE

한국재무학회

Open publisher page 0 citations

Abstract

In this study, we assessed the relationship between corporate governance and equity financing of firms. Our results reveal that firms with good corporate governance are more likely to use equity financing than are firms with poor corporate governance. The magnitude of the equity issue is also related positively with the corporate governance index. Among the individual components of the corporate governance measures, the number of board members and the percentage of institutional investors are most significantly related to the frequency and magnitude of equity financing.

About this research paper

What this paper is about

In this study, we assessed the relationship between corporate governance and equity financing of firms. Our results reveal that firms with good corporate governance are more likely to use equity financing than are firms with poor corporate governance. The magnitude of the equity issue is also related positively with the corporate governance index. Among the individual components of the corporate governance measures, the number of board members and the percentage of institutional investors are most significantly related to the frequency and magnitude of equity financing.

Why it matters

A significance statement is not available in the OpenAlex record.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

In this study, we assessed the relationship between corporate governance and equity financing of firms. Our results reveal that firms with good corporate governance are more likely to use equity financing than are firms with poor corporate governance. The magnitude of the equity issue is also related positively with the corporate governance index. Among the individual components of the corporate governance measures, the number of board members and the percentage of institutional investors are most significantly related to the frequency and magnitude of equity financing.

Key concepts: Corporate governance, Equity (law), Business, Equity capital markets, Finance, Corporate finance, Accounting, Equity risk

Related papers

Related paper 1Related paper 2Related paper 3
Back to paper searchBrowse research topicsOriginal source
CORPORATE GOVERANCE AND EQUITY FINANCE — Research Paper | ScholarLens