haku: @indexterm law / yhteensä: 802
viite: 200 / 802
Tekijä: | Porta, R. |
Otsikko: | Law and finance |
Lehti: | Journal of Political Economy
1998 : DEC, VOL. 106:6, p. 1113-1155 |
Asiasana: | POLITICAL ECONOMY FINANCE LAW |
Kieli: | eng |
Tiivistelmä: | This paper examines legal rules covering protection of corporate shareholders and creditors, the origin of these rules, and the quality of their enforcement in 49 countries The results show that common-law countries generally have the strongest, and french-civil-law countries the weakest legal protection of investors, with German- and Scandinavian-civil-law countries located in the middle. The authors also find that concentration of ownership of shares in the largest public companies is negatively related to investor protections. |
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