Investor Protection and Corporate Governance Firm-Level Evidence Across Latin America |
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| Editor:
| Chong, Alberto
de Silanes, Florencio López |
| Series title: | Latin American Development Forum Ser. |
| ISBN: | 978-0-8047-0001-6 |
| Publication Date: | Jan 2007 |
| Publisher: | World Bank Publications
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| Book Format: | Hardback |
| List Price: | AUD $115.95 |
Book Description:
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Investor Protection in Latin America represents the largest data-gathering effort of firm-level corporate governance practices, ownership structures, and dividend policies. The results presented show that on top of country-wide legal protection of investors, there is a positive effect on valuation and performance of higher firm-level protections and better corporate governance practices. This evidence matches previous research in the area for other regions of the world.
Investor Protection in Latin America represents the largest data-gathering effort of firm-level corporate governance practices, ownership structures, and dividend policies. The results presented show that on top of country-wide legal protection of investors, there is a positive effect on valuation and performance of higher firm-level protections and better corporate governance practices. This evidence matches previous research in the area for other regions of the world.