برچسب: Political
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Eleswarapu And Venkataraman-The Impact Of Legal And Political Institutions On Equity Trading Cost
We examine whether the quality of legal and political institutions impact the trading costs of stocks originating from a country. A study of liquidity costs of 412 NYSE-listed ADRs from 44 different countries reveals a number of interesting findings: The average trading costs aresignificantly higher for stocks from civil law (French-origin) countries than for stocks […]