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We test the hypothesis whether a specific aspect of culture - trust in others - affects shareholder voting behavior by … IV regressions confirm these results. We also find that shareholder voting is more valuable in lowtrust countries, as …
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We test the hypothesis that a specific aspect of culture - trust in others - affects shareholder voting behavior as it … trust and IV regressions support this result. We also find that shareholder voting is more valuable in low-trust countries …
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