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Financial Development and Structure 1960-2010

Aruba, Afghanistan, Angola...and 192 more, 1960 - 2010
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Reference ID
WLD_1960-2010_FDS_v02_M
Producer(s)
Thorsten Beck and Asli Demirguc-Kunt (World Bank), Ross Eric Levine (Carlson School of Management, University of Minnesota)
Metadata
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Created on
Sep 05, 2014
Last modified
Jun 14, 2022
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Cumulative voting (cumvote)

Data file: request8095

Overview

Valid: 49
Invalid: 57
Type: Discrete
Decimal: 0
Start: 779
End: 779
Width: 1
Range: 0 - 1
Format: Numeric

Questions and instructions

Categories
Value Category Cases
0 36
73.5%
1 13
26.5%
Sysmiss 57
Warning: these figures indicate the number of cases found in the data file. They cannot be interpreted as summary statistics of the population of interest.

Description

Universe
1980-1995

Imputation and derivation

Derivation
Equals one if the Company Law or Commercial Code allows shareholders to cast all of their votes for one candidate standing for election to the board of directors (cumulative voting) or if the Company Law or Commercial Code allows a mechanism of proportional representation in the board by which minority interests may name a proportional number of directors to the board, and zero otherwise.
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