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- Retrait gratuit dans votre magasin Club
- 7.000.000 titres dans notre catalogue
- Payer en toute sécurité
- Toujours un magasin près de chez vous
Investor Protection and Corporate Governance
Firm-Level Evidence Across Latin America
89,45 €
+ 178 points
Description
Latin America has been surprisingly spared from a generalized wave of corporate governance scandals. One possible explanation is that the region's level of investor protection is adequate. The evidence from the papers in this book says otherwise. The still relatively low level of protection and transparency has created an environment where problems cannot be easily detected or are not worth pursuing. These circumstances have started to push firms thirsty for capital to unilaterally opt for better corporate governance and alleviate this disadvantage. The papers in this book constitute the largest firm-level corporate governance analysis undertaken across Latin American countries. The new datasets in the book allow the researchers to conclude that companies with better self-imposed firm-level governance practices or with listing in U.S. markets are given higher valuations and can raise capital at a lower cost. Although these results are encouraging, they point to a rocky path for the future growth of local Latin American capital markets.
Spécifications
Parties prenantes
- Editeur:
Contenu
- Nombre de pages :
- 400
- Langue:
- Anglais
- Collection :
Caractéristiques
- EAN:
- 9780804700078
- Date de parution :
- 27-06-07
- Format:
- Livre broché
- Format numérique:
- Trade paperback (VS)
- Dimensions :
- 154 mm x 227 mm
- Poids :
- 911 g
