Does relative (absolute) efficiency affect capital costs?
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DOI: 10.1007/s10479-021-04159-0
Abstract: In this paper, we examine the effect of relative/absolute firm efficiency on weighted average cost of capital (WACC). Using a sample of Korean listed firms, we find that WACC is negatively associated with relative firm… read more here.
Keywords: firm efficiency; capital; relative absolute; absolute efficiency ... See more keywords