Nuova Pubblicazione Paper Scientifico Paper for Journal of Studio Asse and Informazione Economica e Legale Corporate Governance and Economic Performance: The Limit of Short Termism Francesco Di Tommaso Arturo Gulinelli* Francesco Di Tommaso PhD Economics and Finance University of Rome La Sapienza – Economics Faculty, Via del Castro Laurenziano 9, 00100 Rome, Arturo Gulinelli Studio Asse – Iel Ets Legal and Economic Information Via degli Scipioni 132, 00192 Rome, Abstract: Can corporate governance improve economic performance? The scientific literature is contrasting on this aspect; there are studies that highlight the lack of correlation between the performance and the practices of CG (see Bauer et al of 2003 Empirical evidence on corporate governance in Europe: The effect on stock returns, firm valueand performance - September, 2003), while others authors believe that a CG system can have positive effects on the economic market evaluation of a lis...
