Good corporate governance brings gains: TIP

Shares of companies that have good corporate governance records tend to post higher gains, according to Taiwan Index Plus Corp. , a wholly owned subsidiary of the Taiwan Stock Exchange . TIP, which compiles and manages indexes on the TWSE, said that with the benchmark Taiwan Stock Exchange Capitalization Weighted Stock Index hitting a high of 9,385.65 for this year at the close on Oct. 25, the TWSE Corporate Governance 100 Index ended at a record high of 5,321.72.