Law and Finance


Law and Finance is a scholarly work by Rafael La Porta and Andrei Shleifer, published in 1998 in ''Journal of Political Economy''. The main subjects of the publication include accounting, economics, enforcement, bankruptcy, law, common law, investor, business, quality, finance, shareholder, German, creditor, and corporate governance. The paper examines legal rules covering protection of corporate shareholders and creditors, the origin of these rules, and the quality of their enforcement in 49 countries.