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The Corporate Governance Scorecard: a tool for the implementation of corporate governance

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  • Christian Strenger

Abstract

Recent empirical research confirms that companies with demanding governance standards achieve higher market valuations. Due to the complexity of specific corporate governance matters, there is a rising need for a systematic and quantitative evaluation approach for corporate governance. In Germany, a Corporate Governance Scorecard has been developed that fulfils the key goals defined by analysts and investors. It has a standardised format, can be applied efficiently, is available at no cost and enables self‐assessments by companies as well as sector‐specific comparisons. The German Scorecard has not only found good reception at the national financial community, but has also been adapted around the world, especially in emerging countries.

Suggested Citation

  • Christian Strenger, 2004. "The Corporate Governance Scorecard: a tool for the implementation of corporate governance," Corporate Governance: An International Review, Wiley Blackwell, vol. 12(1), pages 11-15, January.
    • Handle: RePEc:bla:corgov:v:12:y:2004:i:1:p:11-15
    DOI: 10.1111/j.1467-8683.2004.00339.x
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    References listed on IDEAS

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    1. Paul Gompers & Joy Ishii & Andrew Metrick, 2003. "Corporate Governance and Equity Prices," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 118(1), pages 107-156.
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    Cited by:

    1. Spanos, Loukas & Tsipouri, Lena & Xanthakis, Manolis, 2006. "Corporate governance rating in a small open capital market: Methodology and applications in the Greek market," MPRA Paper 42896, University Library of Munich, Germany.

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