This article uses cross-country data to empirically investigate through which channel legal origin can influence antitrust effectiveness. The evidence shows that the adaptability channel (legal flexibility) is more important for explaining antitrust effectiveness than the political channel...

This paper investigates the impact of legal tradition and firm size on investment performance for firms in 16 European countries. Europe as a region is of special interest in this sense since the legal systems differs widely within a concentrated geographical area. Anglo Saxon, German, French as...

Kahn (2005) found that ethnic heterogeneity reduces the number of deaths caused by natural disasters, a finding that is contrary to theoretical predictions. This paper casts doubt on this finding and uses cross-country data from 1965 to 2008 to conduct a re-estimation. To alleviate omitted...

A cross section analysis of 23 OECD members shows that there is an 'antagonistic' relationship between the legal protection of investor interests on the one hand and labour interests on the other: the stronger the legal protection of investor rights in a country, the less developed are the...

This paper investigates the interactions between foreign direct investment (FDI) and country-level individual governance indicators for a sample of 173 countries from 1996 to 2007, and also the effect of legal origin, international financial reporting standards (IFRS) and ownership diffusion on...

We use novel historical data on economics and social rights from the constitutions of 195 countries and an instrument variable strategy to answer two important questions. First, do economic and social rights provisions in constitutions reduce poverty? Second, does the strength of constitutional...

This paper investigates whether inherited legacies such as legal origin allow for the explanation of deforestation in 110 developed and developing countries. I hypothesize that differences on deforestation among countries can be attributed to their legal systems. Also, since nearly all common...

Kahn (2005) found that ethnic heterogeneity reduces the number of deaths caused by natural disasters, a finding that is contrary to theoretical predictions. This paper casts doubt on this finding and conducts a re-estimation. To control for measurement problems, I have used not only an ethnic...

This dissertation consists of three essays in international corporate finance. It studies the impact of aggregate conditions and the institutional environment on the behavior of publicly traded firms from a broad sample of countries. In the first essay I argue that when credit constraints are...

The main purpose of this study is to analyze the influence of country-level governance on business environment and entrepreneurship for an international large sample of countries for a period of six years (2007-2012). The dimensions of country-level governance at macroeconomic level will be...