@article{MAKHILLIBM2016101526517, title = {The Relationship Between Information Asymmetry, Disclosure and Cost of Equity Capital in Companies Listed in Tehran Stock Exchange}, journal = {International Business Management}, volume = {10}, number = {15}, pages = {3084-3091}, year = {2016}, issn = {1993-5250}, doi = {ibm.2016.3084.3091}, url = {https://makhillpublications.co/view-article.php?issn=1993-5250&doi=ibm.2016.3084.3091}, author = {Alireza Malali,Bahareh Banitalebi and}, keywords = {Information asymmetry,disclosure,cost of capital,active and passive shareholders,Iran}, abstract = {The aim of this study is to examine the impact of information asymmetry between the cost of capital in 94 active and passive companies listed in Tehran exchange from 2006-2013. Results show that there is a significant relationship between active investors and information asymmetry as well as between active investors and capital costs in companies listed in Tehran Stock Exchange. Also, there is a significant relationship between passiveinvestors and lack of information asymmetry as well as between passiveinvestors and the cost of capital in companies listed on Tehran Stock Exchange.} }