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October 10, 2008
Is Good Corporate Governance Saving Companies?
Posted by David Zaring
Jeff Lipshaw does a back of the envelope calculation here; his answer is that it appears that well governed companies are losing more value, on average, than the rest of the market. I suspect other factors may be contributing to the decline - many of those companies are financials, and Jeff's calculation isn't weighted in that or other ways - but the observation is very interesting.
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