Investor Protection and Corporate Governance Firm-Level Evidence Across Latin America |
|
| Editor:
| Chong, Alberto
de Silanes, Florencio López |
| Series title: | Latin American Development Forum Ser. |
| ISBN: | 978-0-8047-0007-8 |
| Publication Date: | Jun 2007 |
| Publisher: | Stanford University Press
|
| Book Format: | Paperback |
| List Price: | USD $55.00 |
Book Description:
|
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.