Culture, openness, and finance

By René M. Stulz, Rohan Williamson. 2003

1,738 citations recorded by the source corpus.

Subfields: Accounting, Demography, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/4f482c497c3c5c15100a7ee8758db6b3a49911c1

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Citations in the corpus

Government Quality Determinants of Stock Market Performance in African Countries (2011, positive): “These instruments have been largely documented in the economic development literature (La Porta et al., 1997; Stulz & Williamson, 2003; Beck et al., 2003; Agbor, 2011; Asongu, 2011bc).”
How Well do Institutional Theories Explain Firms' Perceptions of Property Rights? (2005, positive): “Other influential work has taken a broader view, stressing Culture and Ethnic diversity (Stulz and Williamson (2003), Easterly and Levine (1997)), Endowments (Acemoglu, Johnson, and Robinson (2001)), Openness to trade (Rajan and Zingales (2003)), and Political power (Acemoglu (2003)).1 While all…”
Creditor Rights, Enforcement, and Bank Loans (2009, neutral): “Stulz and Williamson (2002) argue that culture proxies seem to be more important than legal origin for creditor rights.”
Does Capital Account Liberalization Lead To Growth (2008, background): “(See, e.g. Beck, Demirgüç-Kunt, and Levine 2002; Rodrik, Subramanian, and Trebbi 2002; Barro and McCleary 2003; Stulz and Williamson 2003; Acemoglu, Johnson, and Robinson 2004; and Rigobon and Rodrik 2004.)”
Do foreign investors exhibit a corporate governance disadvantage? An information asymmetry perspective (2010, positive): “Since the dependent variable in our estimation model is dichotomous (i.e., a dummy variable for post-acquisition governance activities and a dummy variable for nonroutine top executive turnover), we use a bivariate probit with adjustment for sample selection bias described in Van de Ven and Van…”
Does too much finance harm economic growth (2014, background): “…(La Porta et al., 2002; Andrianova et al., 2008), political institutions (Girma and Shortland, 2008; Roe and Siegel, 2011; Huang, 2010), culture (Stulz and Williamson, 2003), trade and financial openness (Rajan and Zingales, 2003; Baltagi et al., 2009; Law, 2009), remittances (Aggarwal et al.…”
Country Creditor Rights, Information Sharing and Commercial Banks Profitability Persistence across the world (2007, background): “More recently, Waring (1996) has shown that persistence of abnormal returns differs widely and systematically across industries.”
Religiosity and the cost of debt (2016, positive): “6 Whereas some countries’ creditor rights and political rights were profoundly affected by their colonial history, particularly their colonizing countries’ legal origins (Stulz and Williamson 2003; Djankov, McLiesh, and Shleifer 2007), their religions were largely intact and thus can exert a distinc”
Lost in Translation? The Effect of Cultural Values on Mergers Around the World (2015, positive): “there is little theoretical research in economics that tries to understand the role of individualism, though recent exceptions are Tabellini (2008) and Gorodnichenko and Roland (2010).”