Figure 7.3 presents data on IPOs and shareholder rights. The figure gives averages for four groups of

Question:

Figure 7.3 presents data on IPOs and shareholder rights. The figure gives averages for four groups of countries. On the text Web site, get data for the 49 individual countries in the groups. Make a version of the figure that shows the data for each country. How strong is the relation between IPOs and shareholder rights? Are there exceptions to the usual relation? What might explain these exceptions?
In Figure 7.3