Nov 2007
Author(s): Pombo, Carlos; Gutiérrez, Luis H.
This paper studies the separation of ownership and control of 108 listed companies in Colombia from 1996 to 2002, finding that voting rights are greater than cash flow rights because of indirect…
Dec 2006
Author(s): Bebczuk, Ricardo N.; da Silva, André L. Carvalhal; Chong, Alberto E.; Cruces, Juan José; Garay, Urbi; González, Maximiliano; Gutiérrez, Luis H.; Kawamura, Enrique; Leal, Ricardo P. C.; Lefort, Fernando; López-de-Silanes, Florencio; Pombo, Carlos; Walker, Eduardo
'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…