The Value of Governance

The Value of Governance, by Professor Anita Anand, was published in February of 2013. This document references academic publications from around the world that suggest a positive relationship between good govenance and firm value, and they are listed below for ease of reference:

Citations from "The Value of Governance" by Professor Anita Anand
Author(s) Title Journal Pub. V. I. Pg.
Anita Anand, Frank Milne and Lynnette Purda Domestic and International Influences on Firm-Level Governance: Evidence from Canada, Amer. Law Econ. Rev. 2012 14 1 68
April Klein Firm Performance and Board Committee Structure J. Law Econ. 1998 41 1 275
Bernard S. Black and Woochan Kim The Effect of Board Structure on Firm Value: A Multiple Identification Strategies Approach Using Korean Data J. Finan. Econ. 2012 103 1 203
Bernard S. Black, Hasung Jang and Woochan Kim Predicting Firms’ Corporate Governance Choices: Evidence from Korea J. Corp. Finan. 2006 12 3 660
Darren Henry Corporate Governance Structure and the Valuation of Australian Firms: Is There Value in Ticking the Boxes? J. Bus. Finan. Account. 2008 35 7-8 912
John E. Core, Wayne R. Guay and Tjomme O. Rusticus Does Weak Governance Cause Weak Stock Returns? An Examination of Firm Operating Performance and Investors’ Expectations J. Finance 2006 61 2 655
Lawrence D. Brown and Marcus L. Caylor Corporate Governance and Firm Valuation J. Account. Public Pol. 2006 25 4 409
Lucian Bebchuk Investing in Good Governance The New York Times 2012      
Lucian Bebchuk, Alma Cohen and Allen Ferrell What Matters in Corporate Governance? Rev. Finan. Stud. 2009 22 2 783
Manuel Ammann, David Oesch and Markus M. Schmid Product Market Competition, Corporate Governance and Firm Value: Evidence from the EU Area Europ. Finan. Manage. 2011 [forthcoming]
Marcus V. Braga-Alves and Matthew Morey Predicting Corporate Governance in Emerging Markets J. Int’l Money & Finance 2012 31 6 1414
Martijn Cremers and Allen Ferrell Thirty Years of Shareholder Rights and Firm Valuation CELS 2009 Paper 2010      
Martijn Cremers and Vinay B. Nair Governance Mechanisms and Equity Prices J. Finance 2005 60 6 2859
Mercer LLC Shedding Light on Responsible Investment: Approaches, Returns and Impacts   November 2009
Mercer LLC and the Asset Management Working Group of the United Nations Environment Programme Finance Initiative Demystifying Responsible Investment Performance   October 2007
Parveen P. Gupta, Duane B. Kennedy, and Samuel C. Weaver Corporate Governance and Firm Value: Evidence from Canadian Capital Markets Corp. Ownership & Control Journal Spring 2009 6 3 293
Paul A. Gompers, Joy L. Ishii and Andrew Metrick Corporate Governance and Equity Prices Quart. J. Econ. 2003 118 1 107
Peter Klein, Daniel Shapiro and Jeffrey Young Corporate Governance, Family Ownership and Firm Value: the Canadian Evidence Corp. Gov. 2005 13 6 769
Wei-Peng Chen et al. External Financing Needs, Corporate Governance and Firm Value Corp. Gov. 2010 18 3 234
Xavier Giroud and Holger M. Mueller Corporate Governance, Product Market Competition, and Equity Prices J. Finance 2011 66 2 563
Yves Bozec and Richard Bozec Overall Governance and Cost of Capital: Evidence from Canada Using Panel Data J. of Global Business Management 2010 6 1 1
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