Private enforcement of corporate law: An empirical comparison of the United Kingdom and the United States

It is often assumed that strong securities markets require good legal protection of minority shareholders. This implies both “good” law—principally, corporate and securities law—and enforcement, yet there has been little empirical analysis of enforcement. We study private enforcement of corporate la...

Full description

Bibliographic Details
Main Authors: Armour, J, Black, B, Cheffins, B, Nolan, R
Format: Journal article
Published: Wiley 2009