Gugler, Klaus; Mueller, Dennis C.; Yurtoglu, B. Burcin - Abteilung "Wettbewerbsfähigkeit und industrieller … - 2001
We analyze the impact of corporate governance institutions, ownership structures andexternal capital market constraints on company returns on investment by using a sampleof more than 19,000 companies from 61 countries across the world. We show that (1) ofthese three sets of institutions, the...