Professional Documents
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Johnson, Ross Levine, and Daniel Wolfenzon for helpful comments, and also to the NSF for
"nancial support of this research.
* Corresponding author. Tel.: 617-495-5046; fax: 617-496-1708.
E-mail address: ashleifer@harvard.edu (A. Shleifer).
Journal of Financial Economics 58 (2000) 3}27
Investor protection and corporate
governance