Koerniadi, Hardjo; Krishnamurti, Chandrasekhar; … - In: International Journal of Managerial Finance 10 (2014) August, pp. 494-510
Purpose –The purpose of this paper is to analyze the impact of firm-level corporate governance practices on the riskiness of a firm's stock returns. Design/methodology/approach -The authors constructed an index of governance quality incorporating best practices stipulated by regulators. The...