{"id":"W3121857641","doi":"10.1111/j.1755-053x.2012.01221.x","title":"Institutional Investment Horizons and the Cost of Equity Capital","year":2012,"lang":"en","type":"article","venue":"Financial Management","topic":"Corporate Finance and Governance","field":"Business, Management and Accounting","cited_by":136,"is_retracted":false,"has_abstract":true,"ca_institutions":"Memorial University of Newfoundland","funders":"","keywords":"Institutional investor; Equity (law); Agency cost; Investment (military); Cost of capital; Equity capital markets; Cost of equity; Economics; Club deal; Equity risk; Private equity fund; Business; New horizons; Private equity firm; Monetary economics; Finance; Financial economics; Private equity; Microeconomics; Corporate governance; Shareholder","routes":{"ca_aff":true,"ca_fund":false,"ca_venue":false,"about_ca":false,"invisible_to_affiliation_only":false},"retraction":null,"screen":null,"direct_labels":[],"prediction":{"model_version":"codex-gemma-dda1882f352a","candidate_categories":[],"consensus_categories":[],"category_scores_codex":[0.0004508244,0.0001300154,0.0001678572,0.00006872691,0.0001955015,0.00004749566,0.0001909119,0.00003155753,0.00003850721],"category_scores_gemma":[0.00004866945,0.00009594088,0.00005722488,0.000278014,0.0002499119,0.0006510111,0.0004790172,0.00007402994,0.00009877856],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.00003543034,"about_ca_system_score_gemma":0.00001709694,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.0003315384,"about_ca_topic_score_gemma":0.00007109487,"domain_scores_codex":[0.9990876,0.000006651141,0.0002174712,0.0001481217,0.000267976,0.0002721725],"domain_scores_gemma":[0.9995261,0.00001508891,0.0002093564,0.0001920308,0.00004522212,0.00001219736],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"theoretical_or_conceptual","study_design_gemma":"observational","study_design_scores_codex":[0.00007393059,0.00008560462,0.02165876,0.0001158322,0.00001349482,0.00000350459,0.00004757294,0.00002496855,0.000004174609,0.9595641,0.006044008,0.01236403],"study_design_scores_gemma":[0.001303008,0.000006785193,0.6286215,0.00004061334,0.00006073405,9.048604e-7,0.0000391147,0.00006529215,0.00000929496,0.01168942,0.3580374,0.0001259454],"study_design_candidate":"theoretical_or_conceptual","study_design_consensus":null,"genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.8600035,0.001015521,0.004906014,0.001484694,0.001534041,0.001297524,0.00002710203,0.00005625177,0.1296754],"genre_scores_gemma":[0.9964064,0.00008141276,0.0001158227,0.002172775,0.0007405161,0.00009326838,0.0000106054,0.000007508391,0.0003716777],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.9478747,"threshold_uncertainty_score":0.3912355,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.0213854824197797,"score_gpt":0.2219460274819615,"score_spread":0.2005605450621818,"validation_status":"score_only:v0-immature-baseline","note":"Baseline scores from an immature model (maturity gate not passed). Scores rank; they never assert a category."}}