Analysis of the impact of corporate governance on the discount rate when calculating the value of a business using the income approach

The article examines the influence of corporate governance as a system of principles and rules when calculating the discount rate when assessing the value of a business using the income approach. Theauthors propose a method for determining the risk premium when calculating the specified rate, taking into account the business reputation of the organization’s managers, since a high level of quality of corporate governance helps to increase the investment attractiveness of the company and reduces risks for potential investors and shareholders.