Tuesday, 14 June 2011

Value of Corporate Governance - US Research

With a book named "Corporate Governance Matters", I was immediately interested in this piece of research from a couple of Stanford University dons trying to pinpoint the value of "good" corporate governance.

I found the summary here very light (and some of the citings are incredibly old for such a hot topic), but they have probably kept the good stuff for the book! There are certainly some good alternative angles for supporting the value of Solvency II/Corporate Governance Code obligations etc in here (impact of majority "independent" boards on stock prices, board information gaps and merger & acquisition outcomes).

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