Financial Decisions and Investment Outcomes in Developing Countries : The Role of Institutions /

This paper analyzes how differences in legal origin, judicial efficiency, and investor protection affect firm leverage and earnings volatility across developing countries. Using a large number of developing countries, four main findings are highlighted. First, firms in civil legal origin countries r...

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Détails bibliographiques
Auteur principal: Turk, Rima
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2015.
Collection:IMF Working Papers; Working Paper ; No. 2015/038
Accès en ligne:Full text available on IMF