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Browsing Charles H. Dyson School of Applied Economics and Management by Author "Lee, Charles M.C."
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Capital Market Governance: How Do Security Laws Affect Market Performance?
Daouk, Hazem; Lee, Charles M.C.; Ng, David T.C. (Charles H. Dyson School of Applied Economics and Management, Cornell University, 2005-04)This paper examines the link between capital market governance (CMG) and several key measures of market performance. Using detailed data from individual stock exchanges, we develop a composite CMG index that captures three ... -
Corruption and International Valuation: Does Virtue Pay?
Lee, Charles M.C.; Ng, David T.C. (Charles H. Dyson School of Applied Economics and Management, Cornell University, 2002-06)Using firm-level data from 46 countries, we investigate the relation between corruption – the misuse of public office for private gains – and international corporate values. Our analysis shows that firms from more (less) ...