Critical review of literature on corporate governance and the cost of capital: The value creation perspective

• Main Authors: Ramly, Z., Rashid, H.M.A.
• Format: Article
• Published: Academic Journals 2010
• Subjects: H Social Sciences (General)
• Online Access: http://eprints.um.edu.my/12369/

Corporate governance encompasses a broad spectrum of mechanisms intended to mitigate agency risk by increasing the monitoring of managements' actions, limiting managers' opportunistic behaviour, and improving the quality of firms' information flows. A torrent of literature explains th...