This paper, using Hong Kong as a test case, challenges one conventional theory and confirms another one in law and finance study: (i) legal families in relation to stock market development; (ii) transplant effect of foreign laws. Economists, most notably La Porta and colleagues, allege that...

Abstract The construction industry is one of the riskiest industries with a large number of deaths and injuries every year. Large amounts of money are spent annually on workers’ compensation. Thus, it is important to investigate the factors which affect accident compensation in the eyes of...

"Traditional explanations for indirect trade through an entrepot have focused on savings in transport costs and on the role of specialized agents in processing and distribution. We provide an alternative perspective based on the possibility that entrepots may facilitate tariff evasion. Using...