The general hypothesis that financial indexation to the CPI has been important for the development of the Chilean capital markets is analyzed from several perspectives. The effective maturity shortening of nominal bonds, the likely dollarization of longer term debt and the reduction of average...

In this paper we ask whether corporate governance practices at the firm level within a single country affect these firms` market valuation. This question is crucial in assessing the potential benefits for firms of changing their own practices, even though they cannot affect their country`s...