How can we measure the impact of corporate governance codes on the performance of boards ofdirectors?

How can we measure the impact of corporate governance codes on the performance of boards ofdirectors? Required papers: Dahya, Jay, and John J. McConnell, Board Composition, Corporate Performance,and the Cadbury Committee Recommendation, mimeo, Oct. 16, 2005.http://papers.ssrn.com/sol3/papers.cfm?abstract_id=687429 Strong N Modelling Abnormal returns: A Review Article Journal of Business Finance & Accounting(1992) Volume 19 No 4 June pp 533-553.

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