Analysts care!
In a recent report, the numbers show that analysts really do care about corporate governance.
In a recent report done by PR consultancy Hill & Knowlton, the numbers show that analysts really do care about corporate governance. Apparently, 80% of analysts have downgraded a company based on poor corporate governance and/or poor communication with shareholders. It also says that 88% of analysts have given negative marks for poor corporate governance and a "lack of transparent disclosure." This goes to show that people are beginning to care about the governance of a company. This is most likely due to the recent wave of scandals within companies worldwide over the past few years. People were able to see what an incredible negative impact they had, and are starting to do something about it.
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