Pengaruh Luas Pengungkapan Sukarela dan Asimetri Informasi terhadap Cost of Equity Capital
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This research investigates whether voluantary corporate disclosure level published in annual report and asymmetry information has an effect on cost of equity capital. The purpose ofthe study is to investigate whether the variance-variances in corporate disclosure level and asymmetry information effect on cost ofequity capital. The sample consist of 40 companies registered on the Jakarta Stock Exchange of 2001 - 2004 . The hypothetical test was conducted by implementing pooled data method, for period of2001 - 2004. The result provide support the hypothesis that voluntary corporate disclosure, asymmetry information and beta have effect on cost of equity capital. More specifically, the result show that size significantly moderates the relationship between asymmetry information and cost of equity capital, but size does not significantly moderate the relationship between voluntary corporate disclosure level andcostofequity capital.
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