A Leximetric Approach to Comparative Corporate Governance: The Case of Hedge Fund Activism
Journal of Comparative Law, Forthcoming
28 Pages Posted: 17 Dec 2014 Last revised: 9 Nov 2015
Date Written: December 15, 2014
This article shows how leximetric coding techniques, combined with econometric analysis, can be used to examine similarities and differences across a large number of different legal systems, and to address the question of the extent to which the ‘law matters’. The focus is on the quantification of shareholder protection rules, and on the contribution that such rules can make to a recent international corporate governance phenomenon, namely hedge fund activism.
Keywords: leximetrics, numerical comparative law, interdisciplinarity, law and finance, shareholder activism, shareholder protection
JEL Classification: G30, K00, K22, N20
Suggested Citation: Suggested Citation