Countries That Have Poor Protection of Shareholders' and Creditors' Rights

question 46

Multiple Choice

Countries that have poor protection of shareholders' and creditors' rights generally have

• A)smaller stock markets.
• B)fewer listed firms and fewer IPOs.
• C)smaller stock markets and fewer listed firms and fewer IPOs.
• D)smaller stock markets, fewer listed firms and fewer IPOs, and less debt financing for private firms.

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Definitions:

Principles

Fundamental truths or propositions that serve as the foundation for a system of belief, behavior, or reasoning.

Ethical Theory

Philosophical studies that explore the principles of right and wrong conduct, often serving as the foundation for moral decision-making and actions.

Domains

Areas of interest, activity, or knowledge that are distinct and separate but can overlap with others in certain aspects.

Honesty

The quality of being truthful, transparent, and free from deceit or fraud in one's actions and communications.