2min chapter

Masters in Business cover image

Aswath Damodaran on the Future of Business Education

Masters in Business

CHAPTER

The Problem With Corporate Governance Scores

S&P announced governance scores in 2001. 20 years later, I look back and say it changed nothing. Governance has actually become more difficult now than 20 years ago. All they do is create gaming system gaming that companies use to make their scores higher without changing anything of consequence.

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