skip to content
Culture, openness, and finance Preview this item
ClosePreview this item
Checking...

Culture, openness, and finance

Author: René M Stulz; Rohan Williamson; National Bureau of Economic Research.
Publisher: Cambridge, MA. : National Bureau of Economic Research, ©2001.
Series: Working paper series (National Bureau of Economic Research), no. 8222.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Abstract: Religions have little to say about shareholders but have much to say about creditors. We find that the origin of a country's legal system is more important than its religion and language in explaining shareholder rights. However, a country's principal religion helps predict the cross-sectional variation in creditor rights better than a country's openness to international trade, its language, its income per  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

 

Find a copy online

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: René M Stulz; Rohan Williamson; National Bureau of Economic Research.
OCLC Number: 60331141
Description: 1 online resource (44 pages).
Series Title: Working paper series (National Bureau of Economic Research), no. 8222.
Responsibility: René M. Stulz, Rohan Williamson.

Abstract:

Abstract: Religions have little to say about shareholders but have much to say about creditors. We find that the origin of a country's legal system is more important than its religion and language in explaining shareholder rights. However, a country's principal religion helps predict the cross-sectional variation in creditor rights better than a country's openness to international trade, its language, its income per capita, or the origin of its legal system. Catholic countries protect the rights of creditors less than other countries, and long-term debt is less important in these countries. A country's openness to international trade mitigates the influence of religion on creditor rights. Religion and language are also important predictors of how countries enforce rights.

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


Primary Entity

<http://www.worldcat.org/oclc/60331141> # Culture, openness, and finance
    a schema:Book, schema:MediaObject, schema:CreativeWork ;
   library:oclcnum "60331141" ;
   library:placeOfPublication <http://id.loc.gov/vocabulary/countries/mau> ;
   library:placeOfPublication <http://experiment.worldcat.org/entity/work/data/6069546#Place/cambridge_ma> ; # Cambridge, MA.
   schema:about <http://id.loc.gov/authorities/subjects/sh98005981> ; # Finance--Religious aspects
   schema:about <http://id.worldcat.org/fast/924409> ; # Finance--Religious aspects
   schema:about <http://experiment.worldcat.org/entity/work/data/6069546#Topic/stockholders_legal_status_laws_etc_religious_aspects> ; # Stockholders--Legal status, laws, etc.--Religious aspects
   schema:about <http://experiment.worldcat.org/entity/work/data/6069546#Topic/culture_and_law_economic_aspects> ; # Culture and law--Economic aspects
   schema:about <http://experiment.worldcat.org/entity/work/data/6069546#Topic/debtor_and_creditor_religious_aspects> ; # Debtor and creditor--Religious aspects
   schema:about <http://experiment.worldcat.org/entity/work/data/6069546#Topic/finance_law_and_legislation_religious_aspects> ; # Finance--Law and legislation--Religious aspects
   schema:bookFormat schema:EBook ;
   schema:contributor <http://viaf.org/viaf/135446122> ; # National Bureau of Economic Research.
   schema:contributor <http://viaf.org/viaf/77445349> ; # Rohan Williamson
   schema:copyrightYear "2001" ;
   schema:creator <http://experiment.worldcat.org/entity/work/data/6069546#Person/stulz_rene_m> ; # René M. Stulz
   schema:datePublished "2001" ;
   schema:description "Abstract: Religions have little to say about shareholders but have much to say about creditors. We find that the origin of a country's legal system is more important than its religion and language in explaining shareholder rights. However, a country's principal religion helps predict the cross-sectional variation in creditor rights better than a country's openness to international trade, its language, its income per capita, or the origin of its legal system. Catholic countries protect the rights of creditors less than other countries, and long-term debt is less important in these countries. A country's openness to international trade mitigates the influence of religion on creditor rights. Religion and language are also important predictors of how countries enforce rights."@en ;
   schema:exampleOfWork <http://worldcat.org/entity/work/id/6069546> ;
   schema:inLanguage "en" ;
   schema:isPartOf <http://experiment.worldcat.org/entity/work/data/6069546#Series/working_paper_series_national_bureau_of_economic_research> ; # Working paper series (National Bureau of Economic Research) ;
   schema:isPartOf <http://experiment.worldcat.org/entity/work/data/6069546#Series/nber_working_paper_series> ; # NBER working paper series ;
   schema:name "Culture, openness, and finance"@en ;
   schema:productID "60331141" ;
   schema:publication <http://www.worldcat.org/title/-/oclc/60331141#PublicationEvent/cambridge_ma_national_bureau_of_economic_research_2001> ;
   schema:publisher <http://experiment.worldcat.org/entity/work/data/6069546#Agent/national_bureau_of_economic_research> ; # National Bureau of Economic Research
   schema:url <http://papers.nber.org/papers/w8222> ;
   wdrs:describedby <http://www.worldcat.org/title/-/oclc/60331141> ;
    .


Related Entities

<http://experiment.worldcat.org/entity/work/data/6069546#Agent/national_bureau_of_economic_research> # National Bureau of Economic Research
    a bgn:Agent ;
   schema:name "National Bureau of Economic Research" ;
    .

<http://experiment.worldcat.org/entity/work/data/6069546#Person/stulz_rene_m> # René M. Stulz
    a schema:Person ;
   schema:familyName "Stulz" ;
   schema:givenName "René M." ;
   schema:name "René M. Stulz" ;
    .

<http://experiment.worldcat.org/entity/work/data/6069546#Place/cambridge_ma> # Cambridge, MA.
    a schema:Place ;
   schema:name "Cambridge, MA." ;
    .

<http://experiment.worldcat.org/entity/work/data/6069546#Series/nber_working_paper_series> # NBER working paper series ;
    a bgn:PublicationSeries ;
   schema:hasPart <http://www.worldcat.org/oclc/60331141> ; # Culture, openness, and finance
   schema:name "NBER working paper series ;" ;
    .

<http://experiment.worldcat.org/entity/work/data/6069546#Series/working_paper_series_national_bureau_of_economic_research> # Working paper series (National Bureau of Economic Research) ;
    a bgn:PublicationSeries ;
   schema:hasPart <http://www.worldcat.org/oclc/60331141> ; # Culture, openness, and finance
   schema:name "Working paper series (National Bureau of Economic Research) ;" ;
    .

<http://experiment.worldcat.org/entity/work/data/6069546#Topic/finance_law_and_legislation_religious_aspects> # Finance--Law and legislation--Religious aspects
    a schema:Intangible ;
   schema:hasPart <http://id.loc.gov/authorities/subjects/sh85048259> ;
   schema:name "Finance--Law and legislation--Religious aspects"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/6069546#Topic/stockholders_legal_status_laws_etc_religious_aspects> # Stockholders--Legal status, laws, etc.--Religious aspects
    a schema:Intangible ;
   schema:hasPart <http://id.loc.gov/authorities/subjects/sh85128216> ;
   schema:name "Stockholders--Legal status, laws, etc.--Religious aspects"@en ;
    .

<http://id.loc.gov/authorities/subjects/sh98005981> # Finance--Religious aspects
    a schema:Intangible ;
   schema:name "Finance--Religious aspects"@en ;
    .

<http://id.worldcat.org/fast/924409> # Finance--Religious aspects
    a schema:Intangible ;
   schema:hasPart <http://id.loc.gov/authorities/subjects/sh98005981> ; # Finance--Religious aspects
   schema:name "Finance--Religious aspects"@en ;
    .

<http://viaf.org/viaf/135446122> # National Bureau of Economic Research.
    a schema:Organization ;
   schema:name "National Bureau of Economic Research." ;
    .

<http://viaf.org/viaf/77445349> # Rohan Williamson
    a schema:Person ;
   schema:familyName "Williamson" ;
   schema:givenName "Rohan" ;
   schema:name "Rohan Williamson" ;
    .


Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.