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Sep 30, 2003

Governance: the bottom line

How the buy side is factoring corporate governance into investment decisions

While it's impossible to put a dollar figure on the amount of money companies have spent implementing new corporate governance measures over the last year and half, it's likely in the billions. One estimate puts the price of good governance for a mega-cap corporation in the seven figure range. That's big bucks – albeit for a worthwhile cause.Corporate governance's end goal, after all, is to give shareholders a say – or at least confidence – in how the company they own is run

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