Browsing Produção Intelectual em Bases Externas by Title "Can a stock exchange improve corporate behavior? Evidence from firms' migration to premium listings in Brazil"

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Can a stock exchange improve corporate behavior? Evidence from firms' migration to premium listings in Brazil

Carvalho, Antonio Gledson de; Pennacchi, George Gaetano
2012-09

Because Brazil's legal system lacked protection for minority shareholders and trading of Brazilian shares flowed to U.S. exchanges, in 2001 the Sao Paulo Stock Exchange, Bovespa, created three premium exchange listings ...