Is the world flat? country- and firm-level determinants of law compliance

Alberto Chong, Mark Gradstein

Producción científica: Contribución a una revistaArtículo de revista revisión exhaustiva

6 Citas (Scopus)


This research revisits the effects of a country's institutional framework on individual firms' behavior, focusing, in particular, on firms' propensity to comply with legal rules. We purport to explain the variation in compliance with legal rules by employing a rich data set on thousands of firms from dozens of countries. We find that most of the variation emanates from countrywide differences in institutional quality, although various firm characteristics play a role as well. We also find indications that differences across countries diminish with the level of development.
Idioma originalInglés
Páginas (desde-hasta)272-300
Número de páginas29
PublicaciónJournal of Law, Economics, and Organization
EstadoPublicada - 1 ago. 2011
Publicado de forma externa


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