Earnings Quality and the Equity Risk Premium: A Benchmark Model

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Disclosure Quality, Cost of Capital, and Investor Welfare (2008, unknown): “…the investment effect of disclosure quality, this study contributes to the large literature that has focused on the relation between cost of capital and disclosure quality in a pure exchange economy (e.g., Easley and O’Hara (2004); Yee (2006); Hughes et al. (2007); Lambert et al. (2007, 2008)).”
Accruals Quality, Stock Returns, and Macroeconomic Conditions (2010, unknown): “Yee (2006) presents an analytical model to show that earnings quality cannot affect cost of capital in the absence of”
A theory of voluntary disclosure and cost of capital (2013, methodology): “21A recent literature (Becka, Demirg-Kuntb, and Maksimovic (2008) and references therein) discusses whether developing economies may have more severe informational frictions than developed countries and”
Economic Consequences of Financial Reporting and Disclosure Regulation: A Review and Suggestions for Future Research (2008, unknown): “Moreover, Zhang (2006) finds that lenders offer lower up-front interest rates to firms that report conservative earnings numbers and that these findings are robust to controlling for numerous of other earnings attributes.”
Information Uncertainty, Information Asymmetry and Corporate Bond Yield Spreads (2010, background): “Information uncertainty has many different causes, including unresolved dividend policies (Yee, 2006) or ambiguous implications of new information (Zhang, 2006).”