Synopsis
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.
Biography
Alberto Chong is a researcher at the Inter-American Development Bank (IADB). Florencio L?pez de Silanes is a Professor at the Yale School of Management and is a researcher with the National Bureau of Economic Research (NBER). Investor Protection and Corporate Governance: Firm-Level Evidence Across Latin Americadownload دانلود ,كتاب eBooks , از گروه Business and Economics اقتصاد و بازرگانی كتابخانه اينترنتي دانش گستران جوان You Research From the Publisher
Investor Protection and Corporate Governance analyzes the impact of corporate governance on firm performance and valuation. Using unique datasets gathered at the firm-level - the first such data in the region - and results from a homogeneous corporate governance questionnaire, the book examines corporate governance characteristics, ownership structures, dividend policies, and performance measures. The book's analysis reveals the very high levels of ownership and voting rights concentrations and monolithic governance structures in the largest samples of Latin American companies up to now, and new data emphasize the importance of specific characteristics of the investor protection regimes in several Latin American countries. By and large, those firms with better governance measures across several dimensions are granted higher valuations and thus lower cost of capital. Investor Protection and Corporate Governance: Firm-Level Evidence Across Latin Americadownload دانلود ,كتاب eBooks , از گروه Business and Economics اقتصاد و بازرگانی كتابخانه اينترنتي دانش گستران جوان You Research No Features Available Investor Protection and Corporate Governance: Firm-Level Evidence Across Latin Americadownload دانلود ,كتاب eBooks , از گروه Business and Economics اقتصاد و بازرگانی كتابخانه اينترنتي دانش گستران جوان You Research Product Details
* ISBN: 082136913X
* ISBN-13: 9780821369135
* Format: Paperback, 576pp
* Publisher: World Bank Publications
* Pub. Date: March 2007
* Series: Latin american Development Forum Ser. Investor Protection and Corporate Governance: Firm-Level Evidence Across Latin Americadownload دانلود ,كتاب eBooks , از گروه Business and Economics اقتصاد و بازرگانی كتابخانه اينترنتي دانش گستران جوان You Research |
