Bhagat, Sanjai; Bolton, Brian; Romano, Roberta - School of Management, Yale University - 2007
quality of firms' corporate governance which collapse into a single number (a governance index or rating) the multiple … dimensions of a company's governance. The aim of this paper is twofold, to analyze the performance of corporate governance … measures of corporate performance. Namely, there is no one "best" measure of corporate governance: the most effective …