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    • Learning and the Disappearing Association Between Governance and Returns 

      Bebchuk, Lucian Arye; Cohen, Alma; Wang, Charles Chang-Yi (Elsevier, 2013)
      During the period 1991-1999, stock returns were correlated with the G-Index based on twenty-four governance provisions (Gompers, Ishii, and Metrick (2003)) and the E-Index based on the six provisions that matter most ...