Shareholder protection, stock markets and cross-border mergers
Date
2018-07-10
Advisors
Journal Title
Journal ISSN
ISSN
Volume Title
Publisher
Elsevier
Type
Article
Peer reviewed
Yes
Abstract
This paper is the first one that uses a panel data of different types of shareholder protection in order to examine (i) the effect of such laws on stock market development and (ii) the convergence of shareholder protection laws through cross-border mergers and acquisitions. We find significant results for enabling laws but less so for paternalistic ones.
Description
The file attached to this record is the author's final peer reviewed version. The Publisher's final version can be found by following the DOI link.
Keywords
Law and finance, Shareholder protection, Corporate governance, Corporate finance
Citation
Ahiabor, F.S., James, G.A., Kwabi, F. and Siems, M.M. (2018) Shareholder protection, stock markets and cross-border mergers. Economics Letters, 171, pp. 54-57