Impact of Disclosure Level in the Cost of Capital of Brazilian public companies of Civil Construction Sector

Authors

  • Juliana Sahão Bizelli Universidade Federal de São Carlos - UFSCar
  • Andrei Aparecido de Albuquerque Universidade Federal de São Carlos - UFSCar
  • Kamyr Gomes de Souza Universidade Federal de Uberlândia - UFU

DOI:

https://doi.org/10.5902/1983465914932

Abstract

This research aimed to analyze the effect of disclosure level on the cost of capital of Brazilian public companies of construction sector. Basically, this study aimed to validate the negative relationship between the variables in the Brazilian capital market, as in international markets. The methodology used was quasi-experimental research the type ex post facto, applying multiple linear regression with panel data. In the results wasn’t found significant relationship between disclosure and cost of capital. So it wasn’t provided the negative relationship express by the theory between disclosure level and cost of capital in this business segment in the analyzed period.

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Author Biographies

Juliana Sahão Bizelli, Universidade Federal de São Carlos - UFSCar

Bacharel em Engenharia de Produção pela UFSCar

Andrei Aparecido de Albuquerque, Universidade Federal de São Carlos - UFSCar

Bacharel em Ciências Contábeis, Mestre em Controladoria e Contabilidade e Doutor em Administração de Organizações pela FEARP/USP. Professor do Departamento de Engenharia de Produção da UFSCar.

Kamyr Gomes de Souza, Universidade Federal de Uberlândia - UFU

Bacharel em Ciências Contábeis pela FACIP/UFU e Mestre em Ciências Contábeis pela FACIC/UFU

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Published

2017-12-20

How to Cite

Bizelli, J. S., Albuquerque, A. A. de, & Souza, K. G. de. (2017). Impact of Disclosure Level in the Cost of Capital of Brazilian public companies of Civil Construction Sector. Revista De Administração Da UFSM, 10(4), 592–613. https://doi.org/10.5902/1983465914932

Issue

Vol. 10 No. 4 (2017): Out - Dez

Section

Articles

License

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