Our earlier work (La Porta et al. 1997 1998)) suggests that the Berle and Means widely held corporation should be more common in countries with good legal protection of minority shareholders (which are often the rich common law countries). In these countries, controlling shareholders have less fear of being expropriated themselves in the event ...

Jan 1, 2000 · La Porta et al. (1999a) examine the determinants of government performance in a large number of countries. To measure government interventionism, they consider proxies for the amount and quality of regulation, the prevalence of corruption and …

Apr 18, 2012 · Identifies the legal origin of the Company Law or Commercial Code of each country. Source: Reynolds and Flores (1989) and La Porta et al (1996). External cap/ GNP: The ratio of the stock market capitalization held by minorities to gross national product for 1994.

Dec 17, 2002 · Rafael La Porta, Rafael La Porta. Search for more papers by this author. Florencio Lopez-De-Silanes, Florencio Lopez-De-Silanes. Search for more papers by this author. Andrei Shleifer, Andrei Shleifer. Harvard University, Yale University, and Harvard University, respectively. We are grateful to Thorsten Beck, Mihir Desai, Simeon Djankov, Edward ...

Rafael La Porta, Florencio Lopez‐de‐Silanes, Andrei Shleifer, and robert w. vishny

Jul 31, 1998 · La Porta, Rafael and Lopez-de-Silanes, Florencio and Shleifer, Andrei, Corporate Ownership Around the World (August 1998). Available at SSRN: https://ssrn.com/abstract=103130 or http://dx.doi.org/10.2139/ssrn.103130

2 La Porta et al. (1998) examine first level ownership of the 10 largest publicly traded firms in 49 countries, but do not look for the ultimate owners. This paper attempts to establish the identities of the ultimate owners.

Rafael La Porta, Florencio Lopez-de-Silanes, and Andrei Shleifer Harvard University Robert W. Vishny University of Chicago This paper examines legal rules covering protection of corporate shareholders and creditors, the origin of these rules, and the qual-ity of their enforcement in 49 countries. The results show that

RAFAEL LA PORTA, FLORENCIO LOPEZ-DE-SILANES, and ANDREI SHLEIFER* ABSTRACT We assemble data on government ownership of banks around the world. The data show that such ownership is large and pervasive, and higher in countries with low levels of per capita income, backward financial systems, interventionist and inef-

Rafael La Porta, Florencio Lopez-de-Silane & Andrei Shleifer. Share. X LinkedIn Facebook Bluesky Threads Email Link. Working Paper 6625 DOI 10.3386/w6625 Issue Date June 1998. We present data on ownership structures of large corporations in 27 wealthy economies, making an effort to identify ultimate controlling shareholders of these firms. We ...