| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w7974 |
| 来源ID | Working Paper 7974 |
| Investor Protection and Equity Markets | |
| Andrei Shleifer; Daniel Wolfenson | |
| 发表日期 | 2000-10-01 |
| 出版年 | 2000 |
| 语种 | 英语 |
| 摘要 | We present a simple model of an entrepreneur going public in an environment with poor legal protection of outside shareholders. The model incorporates elements of Becker's (1968) crime and punishment' framework into a corporate finance environment of Jensen and Meckling (1976). We examine the entrepreneur's decision and the market equilibrium. The model is consistent with a number of empirical regularities concerning the relationship between investor protection and corporate finance. |
| 主题 | Financial Economics ; Corporate Finance |
| URL | https://www.nber.org/papers/w7974 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/565560 |
| 推荐引用方式 GB/T 7714 | Andrei Shleifer,Daniel Wolfenson. Investor Protection and Equity Markets. 2000. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w7974.pdf（127KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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