Do investors value high levels of regulation?

It is often taken as axiomatic that investors prefer high levels of regulation. Yet companies have increasingly chosen to list on stock exchanges with lower regulatory requirements. In this paper we analyse whether investors value high regulatory standards for quoted companies. We use the unusual...

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書目詳細資料
Main Authors: Jenkinson, T, Ramadorai, T
格式: Working paper
出版: University of Oxford 2008