Investor Protection and Corporate Governance: Firm-Level Evidence Across Latin America

Author/Contributor(s):	Chong, Alberto
Publisher:	Stanford University Press
Date:	06/27/2007
Binding:	Paperback
Condition:	NEW

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.