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?:about
?:abstract
  • The authors analyze the impact of corporate governance institutions, ownership structures and external capital market constraints on company returns on investment by using a sample of more than 19,000 companies from 61 countries across the world. They show that (1) of these three sets of institutions, the origin of a country's legal system proves to be the most important. Companies in countries with English-origin legal systems earn returns on investment that are at least as large as the cost of capital. (2) Differences in investment performance related to a country's legal system dominate differences related to ownership structure. (3) Strong external capital markets improve the investment performance of companies." (author's abstract) (xsd:string)
?:contributor
?:dateModified
  • 2001 (xsd:gyear)
?:datePublished
  • 2001 (xsd:gyear)
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?:editingInstitute
?:hasFulltext
  • true (xsd:boolean)
is ?:hasPart of
?:inLanguage
  • en (xsd:string)
?:linksURN
?:location
is ?:mainEntity of
?:name
  • Corporate governance, capital market discipline and the returns on investment (xsd:string)
?:provider
?:publicationType
  • Arbeitspapier (xsd:string)
?:sourceInfo
  • GESIS-SSOAR (xsd:string)
rdf:type
?:url
?:urn
  • urn:nbn:de:0168-ssoar-115447 ()
?:volumeNumber
  • 01-25 (xsd:string)