.... Barth. 1 5 2018 1 2 2021 2022 expected returns discount rates fundamental valuation implied cost of capital international equity markets present value Scholars in accounting and finance have long been interested in how regulations and firm attributes or policies...

... firms, we find that the initiation of RPT governance disclosure significantly reduces the occurrence of RPTs, and that the reduction in RPTs is negatively associated with the implied cost of capital (ICC) and positively related to Tobin's Q. These effects are more pronounced for low-monitored firms...