Legal Determinants of External Finance
Open Access
- 1 July 1997
- journal article
- Published by JSTOR in The Journal of Finance
- Vol. 52 (3) , 1131-1150
- https://doi.org/10.2307/2329518
Abstract
Using a sample of 49 countries, we show that countries with poorer investor protections, measured by both the character of legal rules and the quality of law enforcement, have smaller and narrower ca...Keywords
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