Corporate Governance and Firm Performance

Corporate Governance and Firm Performance book cover

Corporate Governance and Firm Performance

Author(s): Jonathan Karpoff (Author), M. Wayne Marr Jr. (Author), Morris Danielson (Author)

  • Publisher: Wiley–Blackwell
  • Publication Date: 28 Aug. 2000
  • Language: English
  • Print length: 48 pages
  • ISBN-10: 094320528X
  • ISBN-13: 9780943205281

Book Description

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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From the Back Cover

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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