Markets

Working Paper

Shareholder Protection and Stock Market Development: An Empirical Test of the Legal Origins Hypothesis

We test the 'law matters' and 'legal origin' claims using a newly created panel dataset measuring legal change over time in a sample of developed and developing countries. Our dataset improves on previous ones by avoiding country-specific...Read more

John Armour
Simon Deakin
Mathias Siems
01 May 2008

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Do political factors affect the degree of product market competition?

November 17 2019

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