Comparative Law and Finance: Past, Present, and Future Research

Comparative law and finance quantifies differences in the laws governing the business enterprise in various countries. The resulting data can be used to test which legal institutions (if any) matter for financial development. Until recently only cross-sectional data were available. We report the res...

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Bibliographic Details
Published in:Journal of institutional and theoretical economics 2010-03, Vol.166 (1), p.120-140
Main Authors: Siems, Mathias, Deakin, Simon
Format: Article
Language:English
Subjects:
Armor
Comparative law
Comparative politics
Corporate regulation
Credit policy
Creditors
Enterprises
Finance
Financial management
Financial policy
International law
Legal protection
Legal systems
Longitudinal studies
Market development
Shareholders
Stockholders
Workers
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Summary:Comparative law and finance quantifies differences in the laws governing the business enterprise in various countries. The resulting data can be used to test which legal institutions (if any) matter for financial development. Until recently only cross-sectional data were available. We report the results of a new approach to coding which has produced longitudinal data sets on shareholder, creditor, and worker protection.
ISSN:0932-4569
DOI:10.1628/093245610790711500