In today’s briefing:
- Companies with High ROA Have High Potential for Corporate Governance and Further ROA Improvement
Companies with High ROA Have High Potential for Corporate Governance and Further ROA Improvement
- Except for the fact that companies with higher ROA tended to have higher ratios of independent directors, there were no significant correlations with many board practices.
- Companies with high ROA are expected to increase ROA by reducing cross-shareholdings in future, and by improving cash allocation to achieve further growth and shareholder returns on growing cash flow.
- Companies with high ROA tend to have a high ratio of foreign shareholders, and these companies’ corporate governance is expected to gradually improve in the future, further increasing ROA.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
