Corporate governance, firm operating performance and equity returns : evidence from Asia.

• Main Authors: Mok, Alastair Marcus Kok Jen., Wu, Jane Mei Chan., Xu, Sebastian Weiming.
• Other Authors: Sawicki, Julia
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::Finance::Dividends
• Online Access: http://hdl.handle.net/10356/10346
• Institution: Nanyang Technological University

Our study examines the relationship between corporate governance and Asian firms’ equity returns and operating performance. We documented evidence of corporate governance ratings’ predictive power in predicting firms’ future operating performance, as measured by ROA, over a number of years. Furthe...