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| Tekijä: | Goncharov, I. Werner, J.R. Zimmermann, J. |
| Otsikko: | Does compliance with the German corporate governance code have an impact on stock valuation? An empirical analysis |
| Lehti: | Corporate governance
2006 : SEPTEMBER, VOL. 14:5, p. 433-445 |
| Asiasana: | corporate governance codes of practice |
| Vapaa asiasana: | code compliance |
| Kieli: | eng |
| Tiivistelmä: | This study analyses whether there is a pricing effect connected to the declared degree of the German corporate governance code compliance for a sample of publicly traded German companies listed in the DAX and MDAX. The study concludes that capital markets find the rules in the code meaningful and that there is a capital market pressure to adopt Code regulation. |
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