Skip to Content
Corporate Governance Matters: A Closer Look at Organizational Choices and Their Consequences
book

Corporate Governance Matters: A Closer Look at Organizational Choices and Their Consequences

by David Larcker, Brian Tayan
April 2011
Intermediate to advanced
496 pages
13h 22m
English
Pearson
Content preview from Corporate Governance Matters: A Closer Look at Organizational Choices and Their Consequences

13. Corporate Governance Ratings

Governance ratings are a relatively new industry in which consulting companies develop quantitative metrics that claim to measure the effectiveness of a company’s governance system. The inputs in these models are based on governance attributes that we have discussed throughout this book, including the structure of the board, elements of the executive compensation plan, antitakeover provisions, and similar features. Interviews with firms suggest that both executives and board members feel pressured to change their policies to increase their governance ratings. However, the question remains whether this industry improves governance outcomes or creates value for shareholders.

In this chapter, we discuss the methodology ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.

Read now

Unlock full access

More than 5,000 organizations count on O’Reilly

AirBnbBlueOriginElectronic ArtsHomeDepotNasdaqRakutenTata Consultancy Services

QuotationMarkO’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
QuotationMarkI wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
QuotationMarkI’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
QuotationMarkI'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Mark W.
Embedded Software Engineer

You might also like

Corporate Governance Matters: A Closer Look at Organizational Choices and Their Consequences, Second Edition

Corporate Governance Matters: A Closer Look at Organizational Choices and Their Consequences, Second Edition

David Larcker, Brian Tayan

Publisher Resources

ISBN: 9780132312905Purchase book