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CORPORATE GOVERNANCE AND STOCK PERFORMANCE: EVIDENCE FROM CANADIAN FIRMS OVER THE PERIOD 2005 – 2009
Download This ArticleRichard Cotter, Jeremy Dason, Jijun Niu , Peter Klein
Abstract
This paper examines the relationship between corporate governance and stock performance using a sample of Canadian firms over the period 2005 – 2009. We measure corporate governance using the Corporate Governance Quotient index, and stock performance using three variables: one-month stock return, three-year stock return, and Tobin’s Q. Overall, we find no evidence that corporate governance is associated with stock performance over our sample period.
Keywords: Corporate Governance, Stock Performance, Canada
How to cite this paper: Cotter, R., Dason, J., Niu, J., & Klein, P. (2011). Corporate governance and stock performance: Evidence from Canadian firms over the period 2005-2009. Corporate Ownership & Control, 8(3), 56-68. https://doi.org/10.22495/cocv8i3p5
