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- W2103574920 abstract "We present a new measure of legal protection of minority shareholders against expropriation by corporate insiders: the anti-self-dealing index. Assembled with the help of Lex Mundi law firms, the index is calculated for 72 countries based on legal rules prevailing in 2003, and focuses on private enforcement mechanisms, such as disclosure, approval, and litigation, governing a specific self-dealing transaction. This theoretically-grounded index predicts a variety of stock market outcomes, and generally works better than the commonly used index of anti-director rights." @default.
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- W2103574920 date "2005-01-01" @default.
- W2103574920 modified "2023-10-17" @default.
- W2103574920 title "The Law and Economics of Self-Dealing" @default.
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- W2103574920 doi "https://doi.org/10.2139/ssrn.864645" @default.
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