Investor Protection and Corporate Governance: Firm-Level Evidence Across Latin America

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.

Author: Alberto Chong
Publisher: Stanford University Press
Published: 06/27/2007
Pages: 400
Binding Type: Paperback
Weight: 2.01lbs
Size: 8.92h x 6.08w x 1.37d
ISBN: 9780804700078

About the Author
Alberto Chong is a researcher at the Inter-American Development Bank (IADB). Florencio López de Silanes is a Professor at the Yale School of Management and is a researcher with the National Bureau of Economic Research (NBER).

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