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Political Determinants of Corporate GovernancePolitical Context, Corporate Impact$
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Mark J. Roe

Print publication date: 2006

Print ISBN-13: 9780199205301

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780199205301.001.0001

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Extending the Sample?

Extending the Sample?

Chapter:
(p.106) Chapter 14 Extending the Sample?
Source:
Political Determinants of Corporate Governance
Author(s):

Mark J. Joe

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199205301.003.0015

Other nations are emerging from economic under-development. For now, those nations don't have a substantial demand for large public firms. Private financing, bank financing, and retained earnings can implement the technologies available for their largest firms. For some of the poorest, the institutional environment is so degraded that whether the political environment favours public firms never enters into the equation because the institutional infrastructure could not support the fully public firm.

Keywords:   transition nations, poverty, weal institutional structure, institutional gaps

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