haku: @journal_id 789 / yhteensä: 95
viite: 42 / 95
Tekijä: | Levine, R. |
Otsikko: | Law, finance, and economic growth |
Lehti: | Journal of Financial Intermediation
1999 : JAN/APR, VOL. 8:1/2, p. 8-35 |
Asiasana: | LAW FINANCE ECONOMIC GROWTH |
Kieli: | eng |
Tiivistelmä: | This paper examines how the legal environment affects financial development, and then asks how this in turn is linked to long-run economic growth. Financial intermediaries are better developed in countries with legal and regulatory systems that give a high priority to creditors receiving the full present value of their claims on corporations, enforce contracts effectively, and promote comprehensive and accurate financial reporting by corporations. |
SCIMA