Culture, legal origins, and financial development
This study proposes that countries with a cultural orientation toward individualism tend to enjoy a higher level of financial development. Estimates based on cross‐country data lend strong support to this hypothesis. Specifically, the results indicate that existing disparity in the level of financia...
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Format: | Article |
Language: | English |
Published: |
2019
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Online Access: | https://hdl.handle.net/10356/105393 http://hdl.handle.net/10220/48677 http://dx.doi.org/10.1111/ecin.12755 |
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Institution: | Nanyang Technological University |
Language: | English |