Chong, Alberto; Guillen, Jorge; Lopez-de-Silanes, Florencio - In: Journal of Economic Policy Reform 12 (2009) 3, pp. 163-188
Based on a newly assembled firm-level data set on corporate governance and firm performance for Mexico, we show that better firm-level corporate governance practices are linked to higher valuations, better performance and more dividends disbursed to investors. These results hold after...