Braga-Alves, Marcus V.; Morey, Matthew - In: Journal of International Money and Finance 31 (2012) 6, pp. 1414-1439
This paper investigates what predicts corporate governance in emerging markets. Specifically, we examine what predicts … governance changes and the level of governance itself. To conduct this study, we utilize a unique dataset from AllianceBernstein … that consists of monthly firm-level corporate governance ratings for 24 emerging market countries for almost seven years …