How Good Are Commercial Corporate Governance Ratings?
A study by Stanford law and business faculty members casts strong doubt on the value and validity of the ratings of governance advisory firms that compile indexes to evaluate the effectiveness of a publicly held company’s governance practices. “Everyone would agree that corporate governance is a good thing,” said Business School Professor David Larcker, “but can you measure it without even talking to the companies … [ Read more ]
Content: Article | Authors: David Larcker, Ian Gow, Robert Daines | Source: Stanford University | Subject: Corporate Governance