Does corrupt practice increase the implied cost of equity?

Rajabrata Banerjee discusses the impact of a firm’s corporate ethical failures on its implied cost of equity using a comprehensive firm-level data from 44 countries.

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Image courtesy of interviewee

1 Comment

  1. Prof Banerjee has extracted the threads of the societal fabric from the quagmire of corruption from an international perspective. A sensitive subject presented in an equally sensitive manner!

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