Law and finance : why does legal origin matter? / Thorsten Beck, Asli Demirgüç-Kunt and Ross Levine Beck, Thorsten; Demirguc-Kunt, Asli; Levine, Ross

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Authors
Beck, Thorsten ; Demirguc-Kunt, Asli ; Levine, Ross
Appears In
Journal of Comparative Economics
Subjects
Finance - Law and legislation.; Economic conditions -- Forecasts and trends; Financial markets -- Laws, regulations and rules
Audience
Academic
Summary
Two empirical theories are provided to assess the reasons for the influence of legal origin on financial development. The main reason for this is the inability of the legal traditions to adapt to the changing economic conditions.
Bookmark
http://trove.nla.gov.au/work/256703
Work ID
256703

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