/ Inalytics Research Paper 09: Does it pay to own companies that do the right thing?

In summer 2013 Inalytics published a research paper which concluded that for UK mid and small companies the better governance the better share price performance.

This observation was based on an analysis of the comprehensive set of governance ratings provided by PIRC.

This initial conclusion was based on only two years of data, this paper revisits the earlier conclusion by analysing a much longer time period from March 2010 to December 2015.

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