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Real-Money Stock Picks / Alyce Lomax

URL:  http://boards.fool.com/i-just-came-across-this-article-on-a-study-of-30491938.aspx

Subject:  Re: Corporate Governance Date:  1/17/2013  7:35 PM
Author:  colleran Number:  1280 of 2513

I just came across this article on a study of Corporate Governance ratings done at Stanford University. The study essentially found no correlation between the ratings and the effectiveness at the rated corporations.

"But given the results of the Stanford study, the time and money spent by public companies on improving governance ratings does not appear to result in significant value for shareholders."

http://www.gsb.stanford.edu/news/research/larker_corpgov.htm...
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