Compliance with the corporate governance codes
The (Ir)relevance of Disclosure
of Compliance with Corporate Governance Codes -
Evidence from the German Stock Market
By Eric Nowak
The paper to be presented at the seminar studies the short- and long-run announcement effects of declaring compliance with the German Corporate Governance Code (‘the Code’). A hand-collected data set of 317 German listed firms from 2002-2005 is examined.
Please find the working paper attached below