Corporate governance ratings on listed companies: An institutional perspective in Latin America

@inproceedings{BrianoTurrent2016CorporateGR,
  title={Corporate governance ratings on listed companies: An institutional perspective in Latin America},
  author={Guadalupe del Carmen Briano-Turrent and L{\'a}zaro Rodr{\'i}guez-Ariza},
  year={2016}
}
The aim of this paper is to analyse whether institutional factors determine the level of corporate governance compliance among major listed companies in emerging markets of Latin America, a region characterized by a poor legal system, highly concentrated ownership structures, and capital markets relatively less developed. The paper used an unbalanced panel data consisting of 826 observations of the highest ranked companies on the stock exchange indices of Argentina, Brazil, Chile and Mexico… CONTINUE READING