Business, Management and Accounting
4 years ago

Corporate governance practices impact stock returns riskiness in New Zealand companies.

SSRN Electronic Journal
Corporate Governance and the Variability of Stock Returns: Evidence from New Zealand Companies
Hardjo Koerniadi, Chandrasekhar Krishnamurti, Alireza Tourani‐Rad

Paper Summary

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The article looks at how good corporate governance affects how risky a company's stock is. The researchers made a scorecard of governance quality based on rules from regulators, then used math to see how it connects to stock returns.