文章基本信息

标题：Empirical Analysis of Effects of Country-level Governance to Strength of Investor Protection
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作者：Cristina Boţa-Avram ; Cristina Boţa-Avram
期刊名称：Procedia - Social and Behavioral Sciences
印刷版ISSN：1877-0428
出版年度：2013
卷号：99
页码：1063-1072
DOI：10.1016/j.sbspro.2013.10.580
语种：English
出版社：Elsevier
摘要：AbstractThe investor protection and potential solutions for increasing its effectiveness have been subject to many and different approaches in scholarship literature. This study focuses on the empirical analysis of the major characteristics of governance on strength of investor protection. Thus, this paper employed the quantitative empirical analysis technique through the SPSS statistical packaged software, in order to evaluate the contribution of quality of governance to the ensuring the strength of investor protection, for a large sample of world-wide countries. In order to achieve the objective of the paper, a multiple regression analysis was performed from dual perspective, first from the geographical standpoint and second given by the income group classification. The research results confirm that the influence of governance on strength of investor protection cannot be neglected, even if strong differences emerge between different geographical areas and also between various income groups.
关键词：Investor protection;governance;cross-country investigation;government effectiveness;political stability