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the legal systems of the world. It is the aim of this paper to fill this gap and to develop a more robust taxonomy of … analysis. Applying cluster optimisation, this paper finds that the world's legal systems can be divided into four clusters. It … implications, not only for our understanding of the legal world, but also for the feasibility of legal transplants and …
Persistent link: https://www.econbiz.de/10013010267
Legal scholars often classify countries into ‘legal families’. The research on ‘legal origins’ refers to this literature; yet, it then goes further as it uses distinct categories into which each country’s law is allocated in quantitative studies. Today, this line of research, which goes...
Persistent link: https://www.econbiz.de/10014081505
In this Article, we intend to fill a gap in the comparative law literature by adopting a case-based approach to comparative corporate law that highlights the important dimension of specific cases in corporate law matters and how identifiable, but limited issues arising from such case disputes...
Persistent link: https://www.econbiz.de/10013019528
transfer. Given the difficult classification of this new “entity”, the author suggests considering it more as a network, where …
Persistent link: https://www.econbiz.de/10014144475
countries. In our case, relating the Economic Freedom of the World index and its five areas to V-Dem's index of academic freedom …
Persistent link: https://www.econbiz.de/10014517712
In this paper, using new estimates of the size of the UK's capital market, we examine financial development and investor protection laws in Britain c.1900 to test the influential law and finance hypothesis. Our evidence suggests that there was not a close correlation between financial...
Persistent link: https://www.econbiz.de/10012102541
Theoretical work suggests an ambiguous relationship between the strength of institutions and the distribution of access to finance. Using a sample of listed firms from 70 countries, this study constructs country-level measures of inequality in access to external finance, and explores its...
Persistent link: https://www.econbiz.de/10012849161
Recent years have seen a growing literature on cross-citations (i.e. citations between courts from different countries). What explains why such cross-citations occur between some courts but not others? This paper addresses this question with original data on 2,967 citations between the...
Persistent link: https://www.econbiz.de/10014237432
Based on data from the EU Justice Scoreboard, we identify a puzzle: National levels of judicial independence (as perceived by the citizens of EU member states) are negatively associated with the presence of formal legislation usually considered as conducive to judicial independence. We try to...
Persistent link: https://www.econbiz.de/10011668289
around the world. Where legal origin is exogenous, however, it is almost perfectly correlated with another set of potentially … world. We attempt to disentangle these factors by exploiting the imperfect overlap of colonizer and legal origin, and …
Persistent link: https://www.econbiz.de/10014179220