Is Corporate Governance a ‘Religion?’

Posted in Blog at 2:40 pm

A consultant raised the question on the LinkedIn network, “Are Corporate Governance Ratings more like Religion than Science?”  He linked to a number of studies which purported to indicate that governance ratings can be capricious or arbitrary, and I had the impression that the goal of the exercise was to debunk the role of governance rating services.  The methodology of many of the studies cited was somewhat suspect, and while I have never doubted that there is a great deal of arbitrary judgment Read more [...]