Corporate governance, violations and market reactions

We test the relation between firm-level corporate governance and the market reaction to announcements of violations of rules and regulations by Thai listed firms. We find no significant difference in market reaction when firms with high and low governance scores commit violations. We do find a large...

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Bibliographic Details
Main Authors: Roy Kouwenberg, Visit Phunnarungsi
Other Authors: Mahidol University
Format: Article
Published: 2018
Subjects:
Online Access:https://repository.li.mahidol.ac.th/handle/123456789/31709
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Institution: Mahidol University