Elaine Felix Victoriano - Academia.edu (original) (raw)
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Centre National de la Recherche Scientifique / French National Centre for Scientific Research
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Papers by Elaine Felix Victoriano
Recent research studying the link between law and evidence showing that firm-level corporate gove... more Recent research studying the link between law and evidence showing that firm-level corporate governance finance has concentrated on country-level investor provisions matter more in countries with weak legal protection measures and focused on differences in legal environments. These results suggest that firms can systems across countries and legal families. Klapper and partially compensate for ineffective laws and Love extend this literature and provide a study of firm-enforcement by establishing good corporate governance level corporate governance practices across emerging and providing credible investor protection. The authors' markets and a greater understanding of the environments tests also show that firm-level governance and under which corporate governance matters more. Their performance is lower in countries with weak legal empirical tests show that better corporate governance is environments, suggesting that improving the legal system highly correlated with better operating performance and should remain a priority for policymakers. market valuation. More important, the authors provide This paper-a product of Finance, Development Research Group-is part of a larger effort in the group to study corporate governance around the world. Copies of the paper are available free from the World Bank,
Recent research studying the link between law and evidence showing that firm-level corporate gove... more Recent research studying the link between law and evidence showing that firm-level corporate governance finance has concentrated on country-level investor provisions matter more in countries with weak legal protection measures and focused on differences in legal environments. These results suggest that firms can systems across countries and legal families. Klapper and partially compensate for ineffective laws and Love extend this literature and provide a study of firm-enforcement by establishing good corporate governance level corporate governance practices across emerging and providing credible investor protection. The authors' markets and a greater understanding of the environments tests also show that firm-level governance and under which corporate governance matters more. Their performance is lower in countries with weak legal empirical tests show that better corporate governance is environments, suggesting that improving the legal system highly correlated with better operating performance and should remain a priority for policymakers. market valuation. More important, the authors provide This paper-a product of Finance, Development Research Group-is part of a larger effort in the group to study corporate governance around the world. Copies of the paper are available free from the World Bank,