Cargando…

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...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Otros Autores: Chong, Alberto, Lopez-de-Silanes, Florencio
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, DC : World Bank, 2007.
Colección:Latin American development forum.
Temas:
Acceso en línea:Texto completo
Descripción
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.
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