Rafael La Porta

Dartmouth College - Tuck School of Business

Hanover, NH 03755

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

35

DOWNLOADS
Rank 220

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Top 220

in Total Papers Downloads

56,278

CITATIONS
Rank 4

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Top 4

in Total Papers Citations

11,713

Scholarly Papers (35)

1.
Downloads 19,265 ( 116)
Citation 1,119

Investor Protection and Corporate Governance

Number of pages: 40 Posted: 27 Jul 2000
Dartmouth College - Tuck School of Business, SKEMA Business School, Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 14,923 (190)
Citation 1,119

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Investor Protection and Corporate Valuation

Harvard Institute of Economics Research Paper No. 1882
Number of pages: 45 Posted: 13 Dec 1999
Dartmouth College - Tuck School of Business, SKEMA Business School, Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 3,600 (2,403)
Citation 1,119

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Investor Protection and Corporate Valuation

NBER Working Paper No. w7403
Number of pages: 44 Posted: 26 Jul 2000 Last Revised: 14 Oct 2010
Dartmouth College - Tuck School of Business, SKEMA Business School, Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 742 (30,472)
Citation 1,119

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Investor Protection and Corporate Valuation

Journal of Finance, Vol. 57, pp. 1147-1170, 2002
Posted: 29 Nov 2003
Dartmouth College - Tuck School of Business, SKEMA Business School, Harvard University - Department of Economics and University of Chicago - Booth School of Business

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2.
Downloads 6,838 ( 797)
Citation 1,291

Corporate Ownership Around the World

Harvard Institute of Economic Research Paper No. 1840
Number of pages: 62 Posted: 31 Jul 1998
Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics
Downloads 6,435 (882)
Citation 1,291

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Corporate Ownership Around the World

NBER Working Paper No. w6625
Number of pages: 59 Posted: 04 Aug 2000 Last Revised: 10 Oct 2010
Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics
Downloads 403 (67,204)
Citation 1,291

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3.
Downloads 3,641 ( 2,411)
Citation 433

What Works in Securities Laws?

Tuck School of Business Working Paper No. 03-22; AFA 2005 Philadelphia Meetings
Number of pages: 40 Posted: 29 Dec 2004
Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics
Downloads 3,487 (2,524)
Citation 433

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What Works in Securities Law?

NBER Working Paper No. w9882
Number of pages: 37 Posted: 05 Aug 2003 Last Revised: 04 Nov 2010
Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics
Downloads 154 (180,951)
Citation 433

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4.
Downloads 3,500 ( 2,565)
Citation 212

The Economic Consequences of Legal Origins

Journal of Economic Literature, Forthcoming
Number of pages: 92 Posted: 09 Nov 2007
Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics
Downloads 3,381 (2,673)
Citation 212

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The Economic Consequences of Legal Origins

NBER Working Paper No. w13608
Number of pages: 93 Posted: 27 Nov 2007 Last Revised: 08 Sep 2010
Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics
Downloads 119 (222,651)
Citation 212

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5.
Downloads 400 ( 2,809)
Citation 383

Agency Problems and Dividend Policies Around the World

NBER Working Paper No. w6594
Number of pages: 40 Posted: 10 Jul 2000 Last Revised: 09 Oct 2010
Dartmouth College - Tuck School of Business, SKEMA Business School, Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 400 (67,796)
Citation 383

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6.
Downloads 3,056 ( 3,248)
Citation 167

The New Comparative Economics

Harvard Institute of Economic Research Discussion Paper No. 2002; Yale SOM Working Paper No. ES-24; World Bank Policy Research Working Paper No. 3054
Number of pages: 31 Posted: 21 Dec 2004
Harvard University - Department of Economics, Harvard University - Department of Economics, SKEMA Business School, Dartmouth College - Tuck School of Business and London School of Economics & Political Science (LSE)
Downloads 2,926 (3,439)
Citation 167

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The New Comparative Economics

NBER Working Paper No. w9608
Number of pages: 50 Posted: 05 Apr 2003 Last Revised: 17 Jun 2003
London School of Economics & Political Science (LSE), Harvard University - Department of Economics, SKEMA Business School, Dartmouth College - Tuck School of Business and Harvard University - Department of Economics
Downloads 117 (225,490)
Citation 167

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The New Comparative Economics

CEPR Discussion Paper No. 3882
Number of pages: 52 Posted: 17 Jun 2003
London School of Economics & Political Science (LSE), Harvard University - Department of Economics, SKEMA Business School, Dartmouth College - Tuck School of Business and Harvard University - Department of Economics
Downloads 13 (554,097)
Citation 167
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Comparative economics, institutions, colonial transplantations, transition

7.
Downloads 2,936 ( 3,485)
Citation 57

Tunnelling

Harvard Institute of Economic Research Paper No. 1887
Number of pages: 15 Posted: 25 Jan 2000
Massachusetts Institute of Technology (MIT) - Entrepreneurship Center, Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics
Downloads 2,773 (3,767)
Citation 57

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Tunnelling

NBER Working Paper No. w7523
Number of pages: 14 Posted: 11 Jun 2000 Last Revised: 15 Oct 2010
Massachusetts Institute of Technology (MIT) - Entrepreneurship Center, Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics
Downloads 163 (172,452)
Citation 57

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Tunnelling

American Economic Review Papers & Proceedings, May 2000
Posted: 25 Jan 2000
Massachusetts Institute of Technology (MIT) - Entrepreneurship Center, Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics

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8.
Downloads 1,963 ( 6,882)
Citation 452

The Law and Economics of Self-Dealing

Number of pages: 66 Posted: 07 Dec 2005
London School of Economics & Political Science (LSE), SKEMA Business School, Dartmouth College - Tuck School of Business and Harvard University - Department of Economics
Downloads 1,785 (7,970)
Citation 452

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legal protection, disclosure, stock market

The Law and Economics of Self-Dealing

NBER Working Paper No. w11883
Number of pages: 67 Posted: 06 Apr 2006
Dartmouth College - Tuck School of Business, SKEMA Business School, London School of Economics & Political Science (LSE) and Harvard University - Department of Economics
Downloads 178 (159,422)
Citation 452

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9.
Downloads 1,758 ( 8,319)
Citation 319

Government Ownership of Banks

Harvard Institute of Economic Research Paper No. 1890, KSG Working Paper No. 01-016
Number of pages: 58 Posted: 09 Aug 2000
Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics
Downloads 1,693 (8,676)
Citation 319

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Government Ownership of Banks

NBER Working Paper No. w7620
Number of pages: 57 Posted: 16 May 2000 Last Revised: 10 Apr 2001
Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics
Downloads 65 (328,184)
Citation 319

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Government Ownership of Banks

Journal of Finance, Vol. 57, pp. 265-301, 2002
Posted: 22 Nov 2003
Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics

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10.
Downloads 1,660 ( 9,124)
Citation 336

The Regulation of Labor

Number of pages: 60 Posted: 05 Jun 2003
Pontifica Universidad Javeriana Law School, London School of Economics & Political Science (LSE), Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics
Downloads 1,064 (18,028)
Citation 336

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The Regulation of Labor

NBER Working Paper No. w9756
Number of pages: 61 Posted: 08 Jun 2003 Last Revised: 03 Nov 2010
Pontifica Universidad Javeriana Law School, London School of Economics & Political Science (LSE), Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics
Downloads 596 (40,956)
Citation 336

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The Regulation of Labor

Posted: 03 Jun 2004
Pontifica Universidad Javeriana Law School, London School of Economics & Political Science (LSE), Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics

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The Regulation of Labor

Quarterly Journal of Economics, Vol. 119, No. 4, November 2004
Posted: 24 Mar 2005
Pontifica Universidad Javeriana Law School, London School of Economics & Political Science (LSE), Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics

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11.
Downloads 1,612 ( 9,586)
Citation 545

The Regulation of Entry

Harvard Institute of Economic Research Paper No. 1904, KSG Working Paper No. 01-015; World Bank Policy Research Working Paper No. 2661
Number of pages: 50 Posted: 04 Oct 2000
London School of Economics & Political Science (LSE), SKEMA Business School, Dartmouth College - Tuck School of Business and Harvard University - Department of Economics
Downloads 1,452 (11,123)
Citation 545

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The Regulation of Entry

NBER Working Paper No. w7892
Number of pages: 51 Posted: 08 Sep 2000 Last Revised: 19 Oct 2010
London School of Economics & Political Science (LSE), Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics
Downloads 103 (247,307)
Citation 545

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The Regulation of Entry

CEPR Discussion Paper No. 2953
Number of pages: 52 Posted: 25 Sep 2001
London School of Economics & Political Science (LSE), Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics
Downloads 57 (351,031)
Citation 545
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Regulation, business entry

The Regulation of Entry

University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship
Posted: 01 Dec 2009
London School of Economics & Political Science (LSE), Dartmouth College - Tuck School of Business, Harvard University - Department of Economics and SKEMA Business School

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Corruption in government, Product quality, Public interest theory, Public choice theory, Tollbooth theory, Per capita income, Barriers to entry, Regulations, Legal procedures, Startups, Startup costs, Government

12.
Downloads 1,314 ( 13,335)
Citation 341

Do Institutions Cause Growth?

Number of pages: 53 Posted: 16 Jun 2004
Harvard University - Department of Economics, Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics
Downloads 1,079 (17,669)
Citation 341

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Institutions, growth, human capital

Do Institutions Cause Growth?

NBER Working Paper No. w10568
Number of pages: 54 Posted: 04 Jul 2004 Last Revised: 14 Aug 2004
Harvard University - Department of Economics, Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics
Downloads 235 (122,233)
Citation 341

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13.
Downloads 1,063 ( 18,400)
Citation 1,490

Legal Determinants of External Finance

NBER Working Paper No. w5879
Number of pages: 30 Posted: 12 Mar 1997 Last Revised: 04 Oct 2010
Dartmouth College - Tuck School of Business, SKEMA Business School, Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 1,063 (18,054)
Citation 1,490

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14.
Downloads 1,045 ( 18,865)
Citation 10

The Guarantees of Freedom

Harvard Institute of Economic Research Paper No. 1943
Number of pages: 55 Posted: 23 Jan 2002
Dartmouth College - Tuck School of Business, SKEMA Business School, Columbia University - School of International & Public Affairs (SIPA) and Harvard University - Department of Economics
Downloads 521 (48,792)
Citation 10

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The Guarantees of Freedom

Yale ICF Working Paper No. 02-05
Number of pages: 54 Posted: 01 Feb 2002
Dartmouth College - Tuck School of Business, SKEMA Business School, Columbia University - School of International & Public Affairs (SIPA) and Harvard University - Department of Economics
Downloads 477 (54,527)
Citation 10

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The Guarantees of Freedom

NBER Working Paper No. w8759
Number of pages: 54 Posted: 02 Feb 2002 Last Revised: 29 Jul 2002
Dartmouth College - Tuck School of Business, SKEMA Business School, Columbia University - School of International & Public Affairs (SIPA) and Harvard University - Department of Economics
Downloads 47 (384,000)
Citation 10

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15.
Downloads 1,042 ( 18,944)

Law and Finance

NBER Working Paper No. w5661
Number of pages: 80 Posted: 27 Sep 1996 Last Revised: 14 May 2000
Dartmouth College - Tuck School of Business, SKEMA Business School, Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 1,042 (18,594)
Citation 2,722

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Law and Finance

Journal of Political Economy, Vol. 106, No. 6, December 1998
Posted: 26 Nov 1998
Dartmouth College - Tuck School of Business, SKEMA Business School, Harvard University - Department of Economics and University of Chicago - Booth School of Business

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Law and Finance

University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship
Posted: 17 Nov 2009
Dartmouth College - Tuck School of Business, Dongeui University, Harvard University - Department of Economics and University of Chicago - Booth School of Business

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Legal protection, Shareholders, Investors, Public firms, Legal systems

16.
Downloads 975 ( 20,980)
Citation 51

Courts: The Lex Mundi Project

Yale ICF Working Paper No. 02-18; Harvard Institute of Economic Research Paper No. 1951
Number of pages: 68 Posted: 19 Mar 2002
London School of Economics & Political Science (LSE), Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics
Downloads 877 (24,058)
Citation 51

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Courts: The Lex Mundi Project

NBER Working Paper No. w8890
Number of pages: 68 Posted: 11 Apr 2002 Last Revised: 20 Nov 2009
London School of Economics & Political Science (LSE), Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics
Downloads 62 (336,385)
Citation 51

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Courts: The Lex Mundi Project

CEPR Discussion Paper No. 3344
Number of pages: 70 Posted: 04 Jun 2002
London School of Economics & Political Science (LSE), Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics
Downloads 36 (426,691)
Citation 51
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Enforcement of contracts, courts, judicial efficiency

Courts: The Lex Mundi Project

The Quarterly Journal of Economics, Vol. 118, No. 2, May 2003
Posted: 18 Oct 2003
London School of Economics & Political Science (LSE), Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics

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Enforcement of contracts, courts, judicial efficiency

17.
Downloads 793 ( 28,249)
Citation 88

Related Lending

Yale ICF Working Paper No. 02-19
Number of pages: 35 Posted: 31 Mar 2002
Dartmouth College - Tuck School of Business, SKEMA Business School and National Banking and Securities Commission, Mexico
Downloads 752 (29,894)
Citation 88

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Related Lending

NBER Working Paper No. w8848
Number of pages: 34 Posted: 23 Mar 2002 Last Revised: 26 Oct 2010
Dartmouth College - Tuck School of Business, SKEMA Business School and National Banking and Securities Commission, Mexico
Downloads 41 (405,948)
Citation 88

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18.
Downloads 699 ( 33,539)
Citation 120

The Benefits of Privatization: Evidence from Mexico

Number of pages: 50 Posted: 18 Oct 1998
Rafael La Porta and Florencio Lopez de Silanes
Dartmouth College - Tuck School of Business and SKEMA Business School
Downloads 632 (37,865)
Citation 119

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The Benefits of Privatization: Evidence from Mexico

NBER Working Paper No. w6215
Number of pages: 50 Posted: 27 Jun 2000 Last Revised: 30 Jun 2010
Rafael La Porta and Florencio Lopez de Silanes
Dartmouth College - Tuck School of Business and SKEMA Business School
Downloads 67 (322,857)
Citation 120

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19.
Downloads 674 ( 35,275)
Citation 107

Judicial Checks and Balances

Number of pages: 35 Posted: 05 Jun 2003
Dartmouth College - Tuck School of Business, SKEMA Business School, Columbia University - School of International & Public Affairs (SIPA) and Harvard University - Department of Economics
Downloads 624 (38,481)
Citation 107

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Judicial Checks and Balances

NBER Working Paper No. w9775
Number of pages: 36 Posted: 15 Jun 2003 Last Revised: 04 Nov 2010
Dartmouth College - Tuck School of Business, SKEMA Business School, Columbia University - School of International & Public Affairs (SIPA) and Harvard University - Department of Economics
Downloads 50 (373,741)
Citation 107

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Judicial Checks and Balances

Journal of Political Economy, Vol. 112, pp. 445-70, April 2004
Posted: 08 Mar 2004
Dartmouth College - Tuck School of Business, SKEMA Business School, Columbia University - School of International & Public Affairs (SIPA) and Harvard University - Department of Economics

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20.

Good News for Value Stocks: Further Evidence on Market Efficiency

NBER Working Paper No. w5311
Number of pages: 24 Posted: 02 Sep 2000 Last Revised: 24 Sep 2010
Dartmouth College - Tuck School of Business, University of Illinois at Urbana-Champaign, Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 307 (92,644)
Citation 141

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21.
Downloads 285 (100,483)
Citation 21

The Unofficial Economy and Economic Development

Tuck School of Business Working Paper No. 2009-57
Number of pages: 66 Posted: 23 Nov 2008 Last Revised: 09 Apr 2009
Rafael La Porta and Andrei Shleifer
Dartmouth College - Tuck School of Business and Harvard University - Department of Economics
Downloads 240 (119,649)
Citation 21

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dual economy, productivity, registration

The Unofficial Economy and Economic Development

NBER Working Paper No. w14520
Number of pages: 67 Posted: 07 Sep 2010
Rafael La Porta and Andrei Shleifer
Dartmouth College - Tuck School of Business and Harvard University - Department of Economics
Downloads 45 (391,079)
Citation 21

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22.

Investor Protection: Origins, Consequences, and Reform

NBER Working Paper No. w7428
Number of pages: 44 Posted: 26 Jul 2000 Last Revised: 17 Apr 2008
Dartmouth College - Tuck School of Business, SKEMA Business School, Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 247 (116,725)
Citation 32

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23.
Downloads 243 (118,649)

The Quality of Goverment

NBER Working Paper No. w6727
Number of pages: 61 Posted: 18 Oct 1998 Last Revised: 03 Jul 2000
Dartmouth College - Tuck School of Business, SKEMA Business School, Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 243 (118,193)
Citation 701

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The Quality of Government

Journal of Law, Economics, and Organization, Vol. 15, No. 1, Spring 1999
Posted: 18 May 1999
Dartmouth College - Tuck School of Business, SKEMA Business School, Harvard University - Department of Economics and University of Chicago - Booth School of Business

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24.
Downloads 228 (126,470)
Citation 10

Disclosure by Politicians

Tuck School of Business Working Paper No. 2009-60
Number of pages: 49 Posted: 29 Jan 2009 Last Revised: 01 Nov 2009
London School of Economics & Political Science (LSE), Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics
Downloads 186 (153,231)
Citation 10

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Transparency, Corruption

Disclosure by Politicians

NBER Working Paper No. w14703
Number of pages: 49 Posted: 17 Feb 2009 Last Revised: 05 Sep 2010
London School of Economics & Political Science (LSE), Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics
Downloads 39 (413,922)
Citation 10

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Disclosure by Politicians

CEPR Discussion Paper No. DP7168
Number of pages: 51 Posted: 18 Feb 2009
London School of Economics & Political Science (LSE), Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics
Downloads 3 (617,492)
Citation 10
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Business interests, Conflict of interest, Disclosure, Politicians

25.
Downloads 219 (131,537)
Citation 11

The Divergence of Legal Procedures

Number of pages: 44 Posted: 12 Feb 2008
National Bureau of Economic Research (NBER), SKEMA Business School, Dartmouth College - Tuck School of Business and Harvard University - Department of Economics
Downloads 176 (161,098)
Citation 11

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common law, civil law, legal procedure, formalism

The Divergence of Legal Procedures

NBER Working Paper No. w13809
Number of pages: 45 Posted: 15 Feb 2008 Last Revised: 26 Sep 2010
National Bureau of Economic Research (NBER), Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics
Downloads 43 (398,503)
Citation 11

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26.

Trust in Large Organizations

NBER Working Paper No. w5864
Number of pages: 14 Posted: 28 Mar 1997 Last Revised: 04 Oct 2010
Dartmouth College - Tuck School of Business, SKEMA Business School, Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 205 (139,931)
Citation 212

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27.

What Moves the Discount on Country Equity Funds?

NBER Working Paper No. w4571
Number of pages: 78 Posted: 12 Jun 2000 Last Revised: 30 Jun 2010
University of Piraeus, Dartmouth College - Tuck School of Business and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 71 (309,207)
Citation 36

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28.

Human Capital and Regional Development

NBER Working Paper No. w17158
Number of pages: 74 Posted: 25 Jun 2011 Last Revised: 08 Jan 2015
Bocconi University - Department of Finance, Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics
Downloads 59 (340,322)
Citation 12

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29.

The Unofficial Economy in Africa

NBER Working Paper No. w16821
Number of pages: 45 Posted: 28 Feb 2011
Rafael La Porta and Andrei Shleifer
Dartmouth College - Tuck School of Business and Harvard University - Department of Economics
Downloads 41 (397,982)

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30.

Judicial Reform

World Bank Research Observer, Vol. 18, No. 1, pp. 61-88, Spring 2003
Number of pages: 28 Posted: 29 Feb 2008 Last Revised: 27 Jun 2014
Pontifica Universidad Javeriana Law School, Dartmouth College - Tuck School of Business, SKEMA Business School, Harvard University - Department of Economics and Emory University School of Law
Downloads 41 (397,982)
Citation 7

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31.

Letter Grading Government Efficiency

NBER Working Paper No. w18268
Number of pages: 47 Posted: 03 Aug 2012 Last Revised: 16 Jul 2015
University of Ottawa, Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics
Downloads 28 (451,840)
Citation 1

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32.

Growth in Regions

NBER Working Paper No. w18937
Number of pages: 44 Posted: 05 Apr 2013 Last Revised: 16 Jul 2015
Bocconi University - Department of Finance, Dartmouth College - Tuck School of Business, SKEMA Business School and Harvard University - Department of Economics
Downloads 26 (461,813)

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33.

Informality and Development

NBER Working Paper No. w20205
Number of pages: 30 Posted: 11 Jun 2014 Last Revised: 30 Sep 2014
Rafael La Porta and Andrei Shleifer
Dartmouth College - Tuck School of Business and Harvard University - Department of Economics
Downloads 23 (477,576)

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34.

Diagnostic Expectations and Stock Returns

NBER Working Paper No. w23863
Number of pages: 68 Posted: 25 Sep 2017
University of Oxford - Said Business School, Bocconi University - Department of Finance, Dartmouth College - Tuck School of Business and Harvard University - Department of Economics
Downloads 21 (488,630)
Citation 128
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35.

Expectations and the Cross-Section of Stock Returns

J. OF FINANCE, Vol. 51 No. 5, December 1996
Posted: 26 Feb 1997
Rafael La Porta
Dartmouth College - Tuck School of Business

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