Holm, Claus; Balling, Morten; Poulsen, Thomas - In: Cogent economics & finance 2 (2014) 1, pp. 2-16
Can corporate governance ratings reduce problems of asymmetric information between companies and investors? To answer … this question, we set out to examine the information basis for providing such ratings by reviewing corporate governance … ratings as a means to reduce asymmetric information in a more general manner. We propose that the rating process may be seen …