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Does Rule of Law Matter for Firms? Evidence from Shifting Control in Hong Kong(papers.ssrn.com)
1 points by paulpauper 10 hours ago | 1 comments
bediger4000 5 hours ago | parent [-]

To nobody's surprise:

> This evidence suggests that rule of law is important to internationally integrated firms and that a predictable British common law legal system is more favorable for shareholders and economic growth than autocratic legal rule.

Although "shareholder value" has been seen as contra "good economy" these last few years.