Date of Award
2012-01-01
Degree Name
Doctor of Philosophy
Department
International Business
Advisor(s)
Esperanza Huerta
Second Advisor
Patricia Eason
Abstract
This study examines the GLOBE cultural dimensions of institutional collectivism, in-group collectivism, uncertainty avoidance, and power distance to evaluate the impact of national culture on cost of equity capital for firms cross-listing on two stock exchanges. In addition to evaluating the direct effect of culture on cost of equity capital, the study examines the moderating effect of national culture on impact of the political/regulatory environment and disclosure on cost of equity capital. Limited support was found for both the direct effect and the moderating effect of national culture on cost of equity capital.
Language
en
Provenance
Received from ProQuest
Copyright Date
2012
File Size
123 pages
File Format
application/pdf
Rights Holder
Kathy F. Otero
Recommended Citation
Otero, Kathy F., "The Impact of National Culture on Cost of Equity Capital in Cross-Listed Firms" (2012). Open Access Theses & Dissertations. 2159.
https://scholarworks.utep.edu/open_etd/2159