Corporate Governance, Investor Protection and Performance in Emerging Markets
Corporate Governance, Investor Protection and Performance in Emerging Markets ArXiv ID: ssrn-303979 “View on arXiv” Authors: Unknown Abstract Recent research studying the link between law and finance has concentrated on country-level investor protection measures and focused on differences in legal sys Keywords: Law and Finance, Investor Protection, Legal Origin, Comparative Corporate Governance, Stock Market Development, Equities Complexity vs Empirical Score Math Complexity: 2.0/10 Empirical Rigor: 6.0/10 Quadrant: Street Traders Why: The paper relies on standard regression analysis and descriptive statistics rather than advanced mathematical derivations, placing it in the low math complexity range; it uses a proprietary dataset from CLSA for 495 firms across emerging markets to test hypotheses on governance-performance links, showing a data-heavy, implementation-focused empirical approach. flowchart TD A["Research Goal: Does investor protection law impact<br>stock market development in emerging markets?"] --> B["Key Methodology:<br>Comparative legal & financial analysis"] B --> C["Data: 10 Emerging Markets<br>Legal Origins & Investor Protection Indices"] C --> D["Computational Process:<br>Regression analysis of legal origin on<br>equity market capitalization & performance"] D --> E["Key Findings:<br>1. Stronger investor protection correlates with<br>higher stock market development<br>2. Legal origin shapes governance effectiveness<br>3. Investor protection is a critical driver<br>of financial performance in emerging markets"]