Globalisation

Why do countries matter so much for corporate governance?

This paper develops and tests a model of how country characteristics, such as legal protections for minority investors and the level of economic and...

The Grip of Nationalism on Corporate Law

Economic nationalism has played a major, but overlooked, role in the evolution of corporate law around the world. The historical experiences of several...

Convergence and Persistence in Corporate Law and Governance

This paper, which will be the basis for a chapter in the forthcoming OXFORD HANDBOOK OF CORPORATE LAW AND GOVERNANCE (Jeffrey Gordon and Georg Ringe,...

The Limits of Financial Globalization

Investor Choice in Global Securities Markets

This paper, which forms part of the first phase of the New Special Study of the Securities Markets Project, explores how globalization has affected the...

Securities Laws, Disclosure, and National Capital Markets in the Age of Financial Globalization