|
Moderated By:
Cynthia Richson
President,
Richson Consulting Group
Member, PCAOB Advisory Group, frm head of governance at OPERS and SWIB
bio
When:
Wednesday, May 6, 2009
5:30-6:30pm – Cocktails & hors d’oeuvres
6:30-8:00pm – Program
Where:
Hyatt Regency La Jolla
3777 La Jolla Village Drive
San Diego, CA 92122
Google Map
Costs:
Individual Members - $55.00
Corporate Members - Free (3)
FCD Members - $55.00
Non-Members - $75.00
(All Inclusive Food, Drinks and Self-Parking)
RSVP & Payment:
By Monday, May 4, 2009
Payment in Advance Required.
AMEX, MasterCard & Visa, or Check
Program Accreditation:
All participants
can receive ISS/RiskMetrics CGQ credits & 1 hour of MCLE & CPE credit.
More Information
|
The Great Debate: “Does the Market Reward Good Governance? Do Governance Ratings Matter?”
Wednesday, May 6, 2009 - 5:30pm - 8:00pm
Sanjai Bhagat
Professor of Finance, University of Colorado at Boulder; His work is regularly cited in The Wall Street Journal, Barron’s, Economist, New York Times & others bio |
Patrick McGurn
Special Counsel, RiskMetrics Group, ISS Governance Services; Frequently quoted in The Wall Street Journal, BusinessWeek & others; and seen on ABC, CBS, CNN, CNBC & others bio |
Two of the leading corporate governance authorities in the United States will square off in a debate about the true value of corporate governance:
- Is good governance predictive of future performance? Why did it not help prevent the current economic mess?
- Does adopting corporate governance "best practices" help drive long-term company performance? Or is it simply a box-checking compliance function?
- What is the value of "good governance" in terms of both measuring risk and ROI?
- What governance metrics are most likely to enhance long-term shareholder value? How is "value added" measured?
- Does the research establish a significant correlation between governance and performance? If not, do the costs outweigh the benefits, particularly for smaller public companies and private companies?
- What do historical data and emerging trends reveal about the economic value of good governance? Is it a competitive advantage?
- Do good governance practices at companies attract capital and/or lower the cost of capital?
- Why do shareholders seem to place a premium on companies with effective governance structures, practices--and high ratings?
We plan to engage the audience early in this debate--and welcome your questions and participation! |
