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Hayek (1960) distinguishes the institutions of English freedom, which guarantee the independence of judges from … political interference in the administration of justice, from those of American freedom, which allow judges to restrain law … reflect these institutions of English and American freedom, and ask whether these rules predict economic and political freedom …
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Hayek (1960) distinguishes the institutions of English freedom, which guarantee the independence of judges from … political interference in the administration of justice, from those of American freedom, which allow judges to restrain law … reflect these institutions of English and American freedom, and ask whether these rules predict economic and political freedom …
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We analyze the relative importance of firm-, industry-, and country-level factors as determinants of the level of ownership concentration of firms. Building particularly on the work of Demsetz & Lehn (1985), Thomsen & Pedersen (1999; 1997, 1998), and La Porta et al.(1998, 1999), we develop...
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