ISBN:
0444535942
Content:
In the last dozen years, economists have produced a considerable body of research suggesting that the historical origin of a country’s laws is highly correlated with a broad range of its legal rules and regulations, as well as with economic outcomes. Much of this research has dealt with rules governing investor protection and their effects on financial markets. We summarize this evidence and attempt a unified interpretation. We also address several objections to the empirical claim that legal origins matter.
In:
Handbook of the economics of finance ; Vol. 2,A: Corporate finance, Amsterdam : North-Holland, Elsevier, 2013, (2013), Seite 425-491, 0444535942
In:
9780444535948
In:
year:2013
In:
pages:425-491
Language:
English
DOI:
10.1016/B978-0-44-453594-8.00006-9
URL:
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