Now showing items 1-2 of 2

    • 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) ...