Does deterioration in rule of law per se create or destroy value?

Does deterioration in rule of law per se create or destroy value?

We investigate the link between the rule of law and equity returns in post-transitional economies over the period January 2010–December 2020 by using panel data regressions. By applying several rule-of-law proxies for national legal frameworks and justice system quality as proxies for the rule-of-la...

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Bibliographic Details
Main Authors: Byrka-Kita Katarzyna, Czerwiński Mateusz, Bajerska Aurelia
Format: Article
Language:English
Published: Sciendo 2023-12-01
Series:International Journal of Management and Economics
Subjects:
capital markets
country governance
equity returns
rule of law
g15
g38
g30
Online Access:https://doi.org/10.2478/ijme-2023-0016

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