A. H. B. Zulkafli, M. F. bt. Samad, A. Ismail and M. I. Ismail, “Corporate Governance in Malaysia,” Working Paper, 2003, pp. 1-19.
 J. O. Okpara, “Perspectives on Corporate Governance Challenges in a Sub-Saharan African Economy,” Journal of Business & Policy Research, Vol. 5, No. 1, 2010, pp. 110-122.
 W. G. Schwert, “Using Financial Data to Measure Effects of Regulation,” Journal of Law and Economics, Vol. 24, No. 1, 1981, pp. 121-158.
 J. J. Binder, “Measuring the Effects of Regulation with Stock Price Data,” The RAND Journal of Economics, Vol. 16, 1985, pp. 167-183. http://dx.doi.org/10.2307/2555408
 D. F. Larcker, G. Ormazabal and D. J. Taylor, “The Market Reaction to Corporate Governance Regulation,” Journal of Financial Economics, 2011, pp. 1-51.
 S. R. Foerster and B. C. Huen, “Does Corporate Governance Matter to Canadian Investors?” Canadian Investment Review (Fall), 2004, pp. 19-25.
 N. U. González and F. J. C. Mu?oz, “Do Investors React to Corporate Governance News? An Empirical Analysis for the Spanish Market,” Working Paper, 2004, pp. 1-26.
 G. A. Chavez and A. C. Silva, “Improved Corporate Governance: Market Reaction and Liquidity Implication,” Instituto de Empresa Business School Working Paper, 2006, pp. 1-24.
 A. Nittayagasetwat and W. Nittayagasetwat, “An Analysis of the Stock Price Reaction to Corporate Governance Rating Announcements: The Case of Thai Listed Companies,” NIDA Business Journal, Vol. 1, 2006, pp. 99-111.
 C. L. Li, X. H. Li and G. J. Wu, “Corporate Governance, Investor Attention and Post-Earnings Announcement Drift,” 2010.
 R. B. Huang and J. G. Tompkins, “Corporate Governance and Investor Reactions to Seasoned Equity Offerings,” Managerial Finance, Vol. 36, No. 7, 2009, pp. 603-628.
 L. F. Klapper and I. Love, “Corporate Governance, Investor Protection, and Performance in Emerging Markets,” Journal of Corporate Finance, Vol. 10, No. 5, 2004, pp. 706-728.
 S. Lee, S. H. Han and M. Kim, “Does Corporate Governance Prevent Information Asymmetry? Evidence from Insincere Announcements of Korean Listed Firms,” Working Paper, 2010, pp. 1-23.
 Y.-W. Chang, R.-D. Chang and J.-T. Wei, “The Effects of Corporate Governance Mechanisms on Investment Decisions,” Taiwan Academy of Management Journal, Vol. 8, No. 2, 2008, pp. 1-16.
 K. H. Chung and C. H.-H. Shen, “Corporate Governance and Market Reactions to Capital and R&D Investment Announcements,” 2009.
 R. Aggarwal, I. Erel, M. Ferreira and P. Matos, “Does Governance Travel around the World? Evidence from Institutional Investors,” Journal of Financial Economics, Vol. 100, No. 1, 2011, pp. 154-181.
 J. A. McCahery, Z. Sautner and L. T. Starks, “Behind the Scenes: The Corporate Governance Preferences of Institutional Investors,” Working Paper, University of Amsterdam, 2009, pp. 1-56.
 B. J. Bushee, M. E. Carter and J. Gerakos, “Institutional Investor Preferences for Corporate Governance Mechanisms,” Wharton School of Business Working Paper, 2008, pp. 1-49.
 J. C. Hartzell, L. Sun and S. Titman, “The Effect of Corporate Governance on Investment: Evidence from Real Estate Investment Trusts (REITs),” 2004.
 P. Anglin, R. Edelstein, Y. Gao and D. Tsang, “How Does Corporate Goverance Affect the Quality of Investor Formation. The Curious Case of REITs,” Journal of Real Estate Research, Vol. 33, No. 1, 2011, pp. 1-24.