Investor protection and country-level governance: crosscountry empirical panel data evidence

Autor:	Paula Ramona Rachisan, Cristina Bota-Avram, Adrian Grosanu
Jazyk:	angličtina
Rok vydání:	2017
Předmět:	Investor protection country level governance principal component analysis income classification
Zdroj:	Economic research-Ekonomska istraživanja Volume 30 Issue 1
ISSN:	1848-9664 1331-677X
Popis:	Using a cross-sectional sample of yearly observations covering 132 countries over the 2007–2012 period, this article intends to provide empirical evidence that country-level governance has an impact on the strength of investor protection. Also, when proceeding to a multiple regression analysis based on income classification, as defined by the World Bank, one can observe a different behaviour of the relationship between country-level governance (proxied using the principal component analysis method) and the strength of investor protection.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=od_______951::ae1720b92083c7abfee251828f873eb3 https://hrcak.srce.hr/182569 Zobrazit plný text záznamu