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
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
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IPOs 2.5 population English-origin legal systems 2.0 1.5 1.0 French-origin 0.5 legal systems origin legal systems German-origin legal systems 1.50 1.75 2.00 2.50 2.75 3.00 3.25 3.50 Index of shareholder rights
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Creating a graph for all countries with complete data 49 total shows a weak positive relati... View full answer
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