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Regarding Comparative Corporate Governance Regimes: Bank-Based Regimes Characterized by Government

question 61

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Regarding comparative corporate governance regimes: Bank-based regimes characterized by government influence in bank lending and a lack of transparency is often found in countries such as Korea and Germany.


Definitions:

Difference-In-Differences

A statistical technique used in econometrics and quantitative research to determine the effect of a specific intervention or treatment by comparing the before-and-after differences in outcomes between a control group and a treatment group.

Causal Effects

The relationship or impact that one variable has in directly changing the value or outcome of another variable.

Policy

A course or principle of action adopted or proposed by an organization or individual.

Causation

The relationship between cause and effect where one event directly results in another.

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