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Influence of Information Asymmetry on Cost of Equity Capital of the Russian Firms
This paper considers the problem of the impact of asymmetric information on the cost of equity capital of Russian companies listed on the Moscow stock exchange . Different methods and the experience of previous works on that theme are used to study and form hypotheses about the importance of information asymmetry in the Russian market . The paper discusses the ways to confirm the hypothesis given the experience of such analysis on the Australian Stock Exchange and other research materials devoted to this subject.