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Keywords: Weighted average cost of capital
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Journal Articles
Management & Sustainability: An Arab Review 1–17.
Published: 13 July 2026
... specifications and estimation techniques. First, the main model was re-estimated by replacing the weighted average cost of capital (WACC) with the cost of debt as an alternative proxy for financing cost. As reported in Table 6 , the coefficient on cost of debt remains positive and statistically significant...
