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State Capacity, Minority Shareholder Protections, and Stock Market Development

Via [email protected] – “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 for enforcement for these provisions to be most effective. While the data is important for policy makers, it also matters to everyday citizens who want to make informed decisions about investing. For that reason, Guillen and Capron have made the data available for a free download.”

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