Kho, Bong-Chan (contributor); Stulz, René M. (contributor); … - 2006
Financial globalization, governance, and the evolution of the home
bias
Bong-Chan Kho, René M. Stulz, and … substantially,
insider ownership has to fall in countries where it is high. Poor governance leads to concentrated insider …
ownership, so that governance improvements make it possible for corporate ownership to become more
dispersed and for the home …