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

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

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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.