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Institutionalizing Legal Consciousness: Regulation and the Embedding of Market Participants in the Securities Industry in Ghana and Fiji

โœ Scribed by Erik W. Larson

Book ID
110741678
Publisher
John Wiley and Sons
Year
2004
Tongue
English
Weight
163 KB
Volume
38
Category
Article
ISSN
0023-9216

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This paper examines international differences in firms' cost of equity capital across 40 countries. We analyze whether the effectiveness of a country's legal institutions and securities regulation is systematically related to crosscountry differences in the cost of equity capital. We employ several