Legal Determinants of External Finance
收藏NBER1997-01-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w5879
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资源简介:
Using a sample of 49 countries, we show that countries with poorer investor protections, measured by both the character of legal rules and the quality of law enforcement, have smaller and narrower capital markets. These findings apply to both equity and debt markets. In particular, French civil law
提供机构:
美国国家经济研究局
创建时间:
1997-01-01



