Original scientific paper
https://doi.org/10.1080/1331677X.2017.1311226
Investor protection and country-level governance: crosscountry empirical panel data evidence
Paula Ramona Rachisan
Cristina Bota-Avram
Adrian Grosanu
Abstract
Using a cross-sectional sample of yearly observations covering 132
countries over the 2007–2012 period, this article intends to provide
empirical evidence that country-level governance has an impact
on the strength of investor protection. Also, when proceeding to a
multiple regression analysis based on income classification, as defined
by the World Bank, one can observe a different behaviour of the
relationship between country-level governance (proxied using the
principal component analysis method) and the strength of investor
protection.
Keywords
Investor protection; country level governance; principal component analysis; income classification
Hrčak ID:
182569
URI
Publication date:
1.12.2017.
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