How Well Do Institutional Theories Explain Firms' Perceptions of Property Rights?

We examine how well several institutional- and firm-level factors explain firms' perceptions of property rights protection. The institutional theories we investigate account for approximately 50% of the country-level variation, indicating that current research addresses first-order factors. Fir...

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Bibliographic Details
Main Authors: Ayyagari, Meghana, Demirguc-Kunt, Asli, Maksimovic, Vojislav
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/4817