Keywords: Overinvestment
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Journal Articles
Journal of Asia Business Studies (2018) 12 (1): 44–59.
Published: 02 January 2018
... associated with cost of equity. It was also found that there is a strong relationship of investment efficiency with cost of equity for non-state-owned enterprises (NSOEs), while no significant relationship is found for state-owned enterprises. Furthermore, overinvestment is significantly associated with cost...

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