| 来源类型 | Working Paper
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| 规范类型 | 报告
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| DOI | 10.3386/w11912
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| 来源ID | Working Paper 11912
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| Financial Globalization, Corporate Governance, and Eastern Europe |
| Rene M. Stulz
|
| 发表日期 | 2006-01-09
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| 出版年 | 2006
|
| 语种 | 英语
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| 摘要 | For many countries, the most significant barriers to trade in financial assets have been knocked down. Yet, the financial world is not flat because poor governance prevents firms from being widely held and from taking full advantage of financial globalization. Poor governance has implications for corporate finance as well as for macroeconomics. I show that poor governance in Eastern Europe is accompanied, as expected, by high corporate ownership concentration, low firm valuation, poor financial development, and low foreign participation. |
| 主题 | Financial Economics
; Portfolio Selection and Asset Pricing
; Financial Markets
; Corporate Finance
; International Economics
; International Finance
|
| URL | https://www.nber.org/papers/w11912
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| 来源智库 | National Bureau of Economic Research (United States)
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| 引用统计 |
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/569563
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推荐引用方式
GB/T 7714 |
Rene M. Stulz. Financial Globalization, Corporate Governance, and Eastern Europe. 2006.
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文件名：
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w11912.pdf
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格式：
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Adobe PDF
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