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dc.titleInvestor Protection and Corporate Governance: Firm-level Evidence across Latin America
dc.contributor.authorBebczuk, Ricardo N.
dc.contributor.authorDa Silva, André L. Carvalhal
dc.contributor.authorChong, Alberto E.
dc.contributor.authorCruces, Juan José
dc.contributor.authorGaray, Urbi
dc.contributor.authorGonzález, Maximiliano
dc.contributor.authorGutiérrez, Luis H.
dc.contributor.authorKawamura, Enrique
dc.contributor.authorLeal, Ricardo P. C.
dc.contributor.authorLefort, Fernando
dc.contributor.authorLópez-de-Silanes, Florencio
dc.contributor.authorPombo, Carlos
dc.contributor.authorWalker, Eduardo
dc.contributor.editorChong, Alberto E.
dc.contributor.editorLópez-de-Silanes, Florencio
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.coverageArgentina
dc.coverageBrazil
dc.coverageChile
dc.coverageColombia
dc.coverageMexico
dc.coverageVenezuela
dc.coverageBolivia
dc.coverageThe Caribbean
dc.coverageSouth America
dc.coverageCentral America
dc.date.available2011-12-06T00:00:00
dc.date.issue2007-01-01T00:00:00
dc.description.abstract'Investor Protection and Corporate Governance' analyzes the impact of corporate governance on firm performance and valuation. Using unique datasets gathered at the firm-level--the first such data in the region--and results from a homogeneous corporate governance questionnaire, the book examines corporate governance characteristics, ownership structures, dividend policies, and performance measures. The book's analysis reveals the very high levels of ownership and voting rights concentrations and monolithic governance structures in the largest samples of Latin American companies up to now, and new data emphasize the importance of specific characteristics of the investor protection regimes in several Latin American countries. By and large, those firms with better governance measures across several dimensions are granted higher valuations and thus lower cost of capital. This title will be useful to researchers, policy makers, government officials, and other professionals involved in corporate governance, economic policy, and business finance, law, and management. This publication belongs to the Latin American Development Forum Series (LADF), sponsored by the Inter-American Development Bank, the United Nations Economic Commission for Latin America and the Caribbean, and the World Bank.
dc.identifier.isbn9780821369135
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Investor-Protection-and-Corporate-Governance-Firm-level-Evidence-across-Latin-America.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectBusiness Development
dc.subjectInvestment
dc.subjectFinancial Market
dc.subject.keywordsLatin American Development Forum, LADF, corporate governance, investor protection, financial market regulation, market valuation, ownership policies, payout policies, firm value
idb.identifier.pubnumberBooks
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