Does Good Governance Matter to Institutional Investors? Evidence from the Enactment of Corporate Governance Guidelines
Corporate governance guidelines are a mechanism that a firm can enact which should reduce agency costs and better align the interests of boards and the suppliers of capital. This study examines stock price reactions primarily attributable to institutional investors occurring when corporations announ...
Authors: | ; |
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Format: | Electronic Article |
Language: | English |
Check availability: | HBZ Gateway |
Journals Online & Print: | |
Fernleihe: | Fernleihe für die Fachinformationsdienste |
Published: |
Springer
2006
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In: |
Journal of business ethics
Year: 2006, Volume: 65, Issue: 1, Pages: 55-67 |
Further subjects: | B
Transparency
B corporate governance guidelines B Institutional investors |
Online Access: |
Volltext (JSTOR) Volltext (lizenzpflichtig) |