The Assessment: Finance, Law, and Growth.
This article reviews the development of corporate finance from domestic analyses to international comparisons of financial systems, to comparative corporate governance, to law and finance, and most recently to politics and finance. It describes how both theoretical developments and empirical evidenc...
Main Authors: | , |
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Format: | Journal article |
Language: | English |
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2001
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author | Mayer, C Sussman, O |
author_facet | Mayer, C Sussman, O |
author_sort | Mayer, C |
collection | OXFORD |
description | This article reviews the development of corporate finance from domestic analyses to international comparisons of financial systems, to comparative corporate governance, to law and finance, and most recently to politics and finance. It describes how both theoretical developments and empirical evidence have guided this research agenda. It considers the lessons that can be learnt from the newly emerging literatures and considers the policy implications that can be derived. It argues that while strong policy prescriptions are frequently proposed, there are many unresolved theoretical and empirical issues which suggest that caution should be exercised in drawing policy conclusions. |
first_indexed | 2024-03-06T18:13:32Z |
format | Journal article |
id | oxford-uuid:03d3c893-4f0d-426a-8c7e-cc79b4e36b3d |
institution | University of Oxford |
language | English |
last_indexed | 2024-03-06T18:13:32Z |
publishDate | 2001 |
record_format | dspace |
spelling | oxford-uuid:03d3c893-4f0d-426a-8c7e-cc79b4e36b3d2022-03-26T08:48:27ZThe Assessment: Finance, Law, and Growth.Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:03d3c893-4f0d-426a-8c7e-cc79b4e36b3dEnglishDepartment of Economics - ePrints2001Mayer, CSussman, OThis article reviews the development of corporate finance from domestic analyses to international comparisons of financial systems, to comparative corporate governance, to law and finance, and most recently to politics and finance. It describes how both theoretical developments and empirical evidence have guided this research agenda. It considers the lessons that can be learnt from the newly emerging literatures and considers the policy implications that can be derived. It argues that while strong policy prescriptions are frequently proposed, there are many unresolved theoretical and empirical issues which suggest that caution should be exercised in drawing policy conclusions. |
spellingShingle | Mayer, C Sussman, O The Assessment: Finance, Law, and Growth. |
title | The Assessment: Finance, Law, and Growth. |
title_full | The Assessment: Finance, Law, and Growth. |
title_fullStr | The Assessment: Finance, Law, and Growth. |
title_full_unstemmed | The Assessment: Finance, Law, and Growth. |
title_short | The Assessment: Finance, Law, and Growth. |
title_sort | assessment finance law and growth |
work_keys_str_mv | AT mayerc theassessmentfinancelawandgrowth AT sussmano theassessmentfinancelawandgrowth AT mayerc assessmentfinancelawandgrowth AT sussmano assessmentfinancelawandgrowth |