Economic Development, Legality and the Transplant Effect

By Daniel Berkowitz, Katharina Pistor, Jean-François Richard. 2003

915 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/93ebbe99948a6336b9c9c4e5fa78e2783d4fc1ea

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Citations in the corpus

Private equity returns and disclosure around the world (2010, positive): “…differences in accounting standards (in the spirit of Bhattacharya, Daouk and Welker, 2003), legality (in the spirit of La Porta et al., 1997, 1998; Berkowitz et al., 2003), and proxies for information asymmetry between venture capital and private equity fund managers and their institutional…”
IFRS reporting, firm-specific information flows, and institutional environments: international evidence (2012, neutral): “One stream of research (for example, Ball 2001; Ball et al. 2003; Berkowitz et al. 2003) suggests that the mere adoption of higher-quality accounting standards such as IFRS is not sufficient to improve the quality of accounting information unless a country’s enforcement mechanisms work effectively o”
Different approaches to corporate reporting regulation: How jurisdictions differ and why (2010, background): “See also Berkowitz et al. (2003) and Leuz et al. (2003).”
The Economic Consequences of Legal Origins (2008, neutral): “As Berkowitz et al. (2003) and Mauro et al. (2006) find, reforms are more likely to succeed when people they affect choose to accept them.”
Social Norms and the Enforcement of Laws (2017, neutral): “Berkowitz, Pistor, and Richard (2003) also touch on these issues in their discussion of how transplantation of common law legal systems may not work in the context of certain prevailing customs.”
Financing Firms in India (2006, neutral): “Second, the legality index (Berkowitz, Pistor, and Richard (2003)), a more comprehensive measure of the effectiveness of a country’s legal institutions than the formalism index, represents the weighted average of five different estimates of the quality of legal institutions and government in the…”
Courts: The Lex Mundi project (2002, background): “4 On legal transplantation, see Watson (1974), La Porta et al. (1998), and Berkowitz et al. (2002).”
Corporate Governance, Investor Protection and Performance in Emerging Markets (2004, methodology): “…constructed as a weighted average of Judicial Efficiency (identical to our first index), Rule of Law, Corruption, Risk of Expropriation, and Risk of Contract Repudiation (this index is constructed using principal components analysis by Berkowitz, Pistor, and Richard, 2002.)”