SSRN-Corporate Governance and Firm Value: Endogeneity-Free Evidence from Korea by JungYong Choi, Dong Lee, Kyung Suh Park

Got thinking about class notes for the next semester today. One area where I wanted to firm up a bit was to get some new evidence that governance matters. I guess it was my lucky day since after looking at only 4 papers, I found this interesting piece by Choi, Lee, and Park. They look at the impact of buying by the Korean Governance Fund (a fund who claims to buy firms with poor governance and