Shah, Syed Zulfiqar Ali; Butt, Safdar Ali - In: Lahore Journal of Economics 14 (2009) 1, pp. 139-171
This study examines the impact of the quality of corporate governance, as measured by a specially constructed corporate governance index, on the expected cost of equitycalculated using the capital asset pricing model (CAPM) approach. A total of 114 listed companies were investigated to analyze...