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Political Determinants of Corporate GovernancePolitical Context, Corporate Impact$
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Mark J. Roe

Print publication date: 2006

Print ISBN-13: 9780199205301

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780199205301.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 19 October 2021

Its Limits: Data

Its Limits: Data

(p.183) Chapter 25 Its Limits: Data
Political Determinants of Corporate Governance

Mark J. Joe

Oxford University Press

This chapter presents the data regarding the quality of corporate law. It shows that several nations in the wealthy West have strong corporate law protections but weak ownership protection. It also notes that many poorer nations gave decrepit corporate law institutions. When either contract or basic corporate law becomes satisfactory, then whether a nation builds on what it has becomes a question of whether the underlying politics and the underlying potential for low managerial agency costs to shareholders make it profitable for the players to do so.

Keywords:   quality, good corporate institutions, weak separation, control blocks

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