Culture, openness, and finance
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Culture, openness, and finance

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Published by National Bureau of Economic Research in Cambridge, MA .
Written in English

Subjects:

  • Stockholders -- Legal status, laws, etc -- Religious aspects.,
  • Debtor and creditor -- Law and legislation -- Religious aspects.,
  • Finance -- Religious aspects.,
  • Finance -- Law and legislation -- Religious aspects.,
  • Culture and law -- Economic aspects.

Book details:

Edition Notes

StatementRené M. Stulz, Rohan Williamson.
SeriesNBER working paper series -- no. 8222, Working paper series (National Bureau of Economic Research) -- working paper no. 8222.
ContributionsWilliamson, Rohan., National Bureau of Economic Research.
The Physical Object
Pagination44 p. ;
Number of Pages44
ID Numbers
Open LibraryOL22418406M

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Get this from a library! Culture, openness, and finance. [René M Stulz; Rohan Williamson; National Bureau of Economic Research.] -- Abstract: Religions have little to say about shareholders but have much to say about creditors. We find that the origin of a country's legal system is more important than its religion and language in. Downloadable (with restrictions)! Religions have little to say about shareholders but have much to say about creditors. We find that the origin of a country's legal system is more important than its religion and language in explaining shareholder rights. However, a country's principal religion helps predict the cross-sectional variation in creditor rights better than a country's openness to. Culture, Openness, and Finance. Article This book examines the emergence of both financial markets and carbon markets, and provides an in-depth investigation on the fundamental. Downloadable! Religions have little to say about shareholders but have much to say about creditors. We find that the origin of a country's legal system is more important than its religion and language in explaining shareholder rights. However, a country's principal religion helps predict the cross-sectional variation in creditor rights better than a country's openness to international trade.

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