---
title: Firms' Capital Perception
url: https://www.ml-quant.com/papers/ssrn/4888476/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4888476
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4888476
featured: 2024-07-10
citations: unknown
topic: Corporate Finance
---


# Firms' Capital Perception

Research indicates that companies with a higher perceived cost of capital earn more returns and invest less, leading to a misallocation of capital that reduces productivity.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4888476
- Identifier: SSRN 4888476
- Released: 2024-07-08
- First featured: Quant Letter No. 56 (2024-07-10): https://www.ml-quant.com/issues/2024-07-10/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Corporate Finance

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