Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
965054 | Journal of the Japanese and International Economies | 2009 | 28 Pages |
Abstract
This paper extends previous measures of the quality of corporate governance for a cross section of emerging markets. We find that there have been significant improvements in a wide range of countries in the course of the last ten years. Improvements are most likely in countries with stable governments, where foreign investors lobby for reform, and where peer effects are present. We also document significant benefits in terms of the depth and liquidity of financial markets. J. Japanese Int. Economies 23 (2) (2009) 149-176.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Sudarat Ananchotikul, Barry Eichengreen,