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Japan's Governance: How Far Has Corporate Governance Progressed in 2021(3)
142 Views, 11 Jan 2022 13:02
Metrical has highlighted this Insight as a Top Pick
- This article analyzes how changes in market capitalization correlate with changes in performance and corporate governance ratings.
- Note that the % change in market cap as of December 2020 and December 2021 for 1,704 companies confirms a positive correlation that is more significant with ROA than ROE.
- Companies that improved their Metrical score by 10 ppt or more increased their market capitalization the most, followed by companies that improved Metrical score by 5 ppt to 10 ppt.