#NewsCorp Makes List of 10 Riskiest Companies for Investors

GMI identified a "Risk List" of 10 companies whose weak governance, poor environmental or social records or misaligned compensation structures present hazards to investors that aren’t adequately reflected in their current valuations.

Here's what they had to say about News Corp:

Although there have been some high-profile management resignations and a few name changes at the board level since the recent scandal, there is little indication that the quality of the company’s governance is improving — particularly in the crucial area of the relationship between the board and Murdoch. As an example, the company’s investigation into the phone-hacking scandal is being led by directors with strong ties to the company and the Murdoch family.

Plus the guardian reported this and Paul Krugman has added this.

Is anyone else paying attention to what these guys are up to?