Investor protection and corporate governance : firm-level evidence across Latin America /
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 corp...
Clasificación: | Libro Electrónico |
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Otros Autores: | , |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Washington, DC :
World Bank,
2007.
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Colección: | Latin American development forum.
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Temas: | |
Acceso en línea: | Texto completo |
Sumario: | 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. |
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Descripción Física: | 1 online resource (xxi, 557 pages) : illustrations |
Bibliografía: | Includes bibliographical references and index. |
ISBN: | 9780821369142 0821369148 082136913X 9780821369135 9780804700016 080470001X 1280940433 9781280940439 6610940436 9786610940431 |