Higher Premiums for Well-Run Boards
McKinsey & Co. asked institutional investors, chief executives, and directors to compare two well-performing companies and state whether they would pay a premium for the one with better governance. The results: GROUP PREMIUM INSTITUTIONAL INVESTORS: 11% DIRECTORS: 14% CHIEF EXECUTIVES: 16% DATA: McKINSEY & CO.
Updated Sept. 4, 1997 by bwwebmaster
Copyright 1997, Bloomberg L.P.