Accounting Information Quality and Cost of Capital: The Moderating Role of Ownership Structure

Authors

  • Chenguang Wang School of Economics and Management, China Three Gorges University, China.
  • Faezeh Pirouz * Department of Accounting, Tohid Girls College, Amol, Iran. https://orcid.org/0009-0005-0791-2891

https://doi.org/10.22105/aaa.v2i1.55

Abstract

The purpose of this study is to determine the relationship between Accounting Information Quality (AIQ) and Cost of Capital (CoC) and whether there are differences in the relationship between AIQ  and CoC that can be attributed to ownership level. The statistical population of the study was companies listed on the stock exchange during the 8-year period from 2011 to 2018, with a total of 143 companies studied. According to the findings, there is a positive and significant relationship between the quality of accounting information and the CoC, as well as the effect of institutional ownership on the relationship between the quality of accounting information and the CoC, and the effect of government ownership on the relationship between the quality of accounting information and the CoC is negative.

Keywords:

Accounting information quality, Cost of capital, Ownership structure, Institutional ownership, Information asymmetry

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Published

2025-03-27

Issue

Vol. 2 No. 1 (2025): Accounting and Auditing with Applications

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Articles

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How to Cite

Wang, C., & Pirouz, F. . (2025). Accounting Information Quality and Cost of Capital: The Moderating Role of Ownership Structure. Accounting and Auditing With Applications , 2(1), 11-22. https://doi.org/10.22105/aaa.v2i1.55