This paper investigates the relationship between corporate governance quality and the cost of equity capital, intended as the discount rate the market applies to a firm's expected future cash flows to evaluate the current share price. Using data from the Italian listed corporations in 2018, this...

This paper investigates the relationship between corporate governance quality and the cost of equity capital, intended as the discount rate the market applies to a firm’s expected future cash flows to evaluate the current share price. Using data from the Italian listed corporations in 2018,...