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 being rated?”
Content: Article
Authors: David Larcker, Ian Gow, Robert Daines
Source: Stanford University
Subject: Corporate Governance
Authors: David Larcker, Ian Gow, Robert Daines
Source: Stanford University
Subject: Corporate Governance
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