The surveys a vast body of literature devoted to evaluating the relationship between corporate governance and performance as measured by valuation, operating performance, or stock returns. Most of the evidence to date suggests a positive association between corporate governance and various measures of performance. However, this line of research suffers from endogeneity problems that are difficult to resolve. There is no consensus yet on the nature...
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INFORMATION
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2011/02/01
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Article de revue
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77005
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1
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1
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2013/05/13
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Disclosed
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Corporate governance and performance around the world : what we know and what we don't
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corporate governance