State Capacity, Minority Shareholder Protections, and Stock Market Development
Via Knowledge@Wharton – “In their paper, “State Capacity, Minority Shareholder Protections, and Stock Market Development,” Guillen and INSEAD professor Laurence Capron evaluated current and historical legislation in more than 70 countries with both established and emerging markets and found that it’s not enough for countries to have legal provisions in place. There also must be a mechanism …