Showing 1 - 5 of 5
This paper sets a new tone in the legal origins debate with the overwhelming dominance of French civil-law countries in … private investment: contrary to mainstream consensus where-in, English common-law countries are better at championing private … shape domestic, foreign, private and public investments through law channels of regulation quality and the rule of law. …
Persistent link: https://www.econbiz.de/10009369595
This paper assesses if legal origin explains domestic, foreign, private and public investments through financial intermediary channels of depth, efficiency, activity and size. Findings show that legal origin matters in the finance-investment nexus; though its ability to explain aggregate...
Persistent link: https://www.econbiz.de/10009369629
finance. It is a natural extension of “Law and finance: why does legal origin matter?” by Thorsten Beck, Asli Demirgüç …) hypotheses that English common-law countries tend to have better developed financial intermediaries than French civil-law …
Persistent link: https://www.econbiz.de/10009323648
This paper assesses how legal-origin influences financial development through regulation quality and the rule of law …. It uses data collected after pioneering works on the law-finance nexus to assess hypotheses resulting there-from in the … policy implications results support the benefits of law channels to financial development in the continent. …
Persistent link: https://www.econbiz.de/10009325560
This paper cuts adrift the mainstream approach to the legal-origins debate on the law-growth nexus by integrating both … overall economic and human components in our understanding of how regulation quality and the rule of law lie at the heart of … growth and human development beyond the mechanisms of law channels. As a policy implication results support benefits of the …
Persistent link: https://www.econbiz.de/10009325593