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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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Oppressed minority (minor)

Data file: request8095

Overview

Valid: 49
Invalid: 57
Type: Discrete
Decimal: 0
Start: 780
End: 780
Width: 1
Range: 0 - 1
Format: Numeric

Questions and instructions

Categories
Value Category Cases
0 23
46.9%
1 26
53.1%
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 grants minority shareholders either a judicial venue to challenge the decisions of management or of the assembly or the right to step out of the company by requiring the company to purchase their shares when they object to certain fundamental changes, such as mergers, assets dispositions and changes in the articles of incorporation. The variable equals zero otherwise. Minority shareholders are defined as those shareholders who own 10 percent of share capital or less.
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