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Corporate Governance and Firm Performance (The Research Foundation of Aimr and Blackwell Series in Finance) - Softcover

Karpoff, Jonathan M.; Marr, M. Wayne; Danielson, Morris G.; Institute Of Chartered Financial Analysts Research Foundation

 
9780943205281: Corporate Governance and Firm Performance (The Research Foundation of Aimr and Blackwell Series in Finance)

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Many studies indicate that a company's stock price decreases when the company adds restrictions regarding corporate governance to its charter or bylaws. The authors of this monograph analyzed the effect of 20 different governance provisions and report that companies with the fewest restrictive provisions in their industries have the best industry-adjusted performance.

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Many studies indicate that a company′s stock price decreases when the company adds restrictions regarding corporate governance to its charter or bylaws. The authors of this monograph analyzed the effect of 20 different governance provisions and report that companies with the fewest restrictive provisions in their industries have the best industry–adjusted performance.

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