"... In PAGE 9: ...erman civil law tradition. The Scandinavian countries form their own legal tradition. The socialist countries had a legal tradition based on Soviet law, but because the laws of these countries are changing rapidly during transition out of socialism, LLSV do not consider them. Table1 presents the percentage of countries in each legal family scoring well on a number of indicators of investor rights, as well as the mean for that family antidirector and creditor rights scores. How well legal rules protect outside investors varies systematically across legal origins.... ..."

"... In PAGE 26: ... Procedural formalism. Table2 presents our data on procedural formalism, with sub-indices and the overall index. Table 2a focuses on eviction, and Table 2b on check collection (Appendices 2A and 2B provide the data on each variable in the sub-indices for all countries).... In PAGE 26: ...V. Procedural formalism. Table 2 presents our data on procedural formalism, with sub-indices and the overall index. Table2 a focuses on eviction, and Table 2b on check collection (Appendices 2A and 2B provide the data on each variable in the sub-indices for all countries). The countries are arranged by legal origin, and the tables report the means and the medians by legal origin, as well as the tests of the differences in means and medians across legal origins.... In PAGE 27: ...54. Consider next check collection, shown in Table2 B. In the United Kingdom, the procedure for the collection of a bounced check is in most cases dismissed without a trial because the claimant obtains a summary judgment on the basis that the defendant has no real prospect of defending the... In PAGE 29: ...52. More generally, as Table2 shows, for both check collection and eviction, the data clearly reveal that common law countries have least formalized, and French civil law countries most formalized dispute resolution, with other legal origins in the middle. For eviction, the differences hold for all sub-indices, but are stronger in some areas (legal justification, number of independent procedural actions) than in others (evidence, superior review).... In PAGE 31: ...The data for most sub-indices and the overall index also show that dispute resolution in socialist and French civil law countries is more formalized than it is in common law countries, even holding per capita income constant. The point estimates in the regressions are consistent with the means in Table2 , yielding roughly the same order of legal origins, and in most cases the coefficients are statistically significant. Dispute resolution in German and Scandinavian origin countries also appears to be more formalized than in common law countries, although the results for sub-indices are generally statistically insignificant.... In PAGE 31: ... Table 6 presents the raw information, by country, on the estimated duration of dispute resolution. As in Table2 , countries are arranged by legal origin. A striking aspect of Table 6 is the extraordinary length of time it takes, on average, to pursue either claim in court.... In PAGE 50: ...Table2 B : Collection of a check This table classifies countries by legal origin and shows the professionals vs. laymen, written vs.... ..."

"... In PAGE 26: ... Procedural formalism. Table2 presents our data on procedural formalism, with sub-indices and the overall index. Table 2a focuses on eviction, and Table 2b on check collection (Appendices 2A and 2B provide the data on each variable in the sub-indices for all countries).... In PAGE 26: ...V. Procedural formalism. Table 2 presents our data on procedural formalism, with sub-indices and the overall index. Table2 a focuses on eviction, and Table 2b on check collection (Appendices 2A and 2B provide the data on each variable in the sub-indices for all countries). The countries are arranged by legal origin, and the tables report the means and the medians by legal origin, as well as the tests of the differences in means and medians across legal origins.... In PAGE 27: ...54. Consider next check collection, shown in Table2 B. In the United Kingdom, the procedure for the collection of a bounced check is in most cases dismissed without a trial because the claimant obtains a summary judgment on the basis that the defendant has no real prospect of defending the... In PAGE 29: ...52. More generally, as Table2 shows, for both check collection and eviction, the data clearly reveal that common law countries have least formalized, and French civil law countries most formalized dispute resolution, with other legal origins in the middle. For eviction, the differences hold for all sub-indices, but are stronger in some areas (legal justification, number of independent procedural actions) than in others (evidence, superior review).... In PAGE 31: ...The data for most sub-indices and the overall index also show that dispute resolution in socialist and French civil law countries is more formalized than it is in common law countries, even holding per capita income constant. The point estimates in the regressions are consistent with the means in Table2 , yielding roughly the same order of legal origins, and in most cases the coefficients are statistically significant. Dispute resolution in German and Scandinavian origin countries also appears to be more formalized than in common law countries, although the results for sub-indices are generally statistically insignificant.... In PAGE 31: ... Table 6 presents the raw information, by country, on the estimated duration of dispute resolution. As in Table2 , countries are arranged by legal origin. A striking aspect of Table 6 is the extraordinary length of time it takes, on average, to pursue either claim in court.... In PAGE 48: ...Table2 A: Eviction of a tenant This table classifies countries by legal origin and shows the professionals vs. laymen, written vs.... ..."

"... In PAGE 30: ... This result was further concentrated in those firms from developed markets. Table8 provides some evidence. Clustering of particularly quot;hot quot; or volatile industries in developed countries with relatively low accounting standards might explain our finding of particularly large changes in earnings responses after U.... In PAGE 32: ...xamine whether firm-specific variation increases following a U.S. listing. The strength of property rights and investor protection laws are critical elements of this and the preceding explanation. In Table8 , we compute simple univariate tests of post-listing changes in cumulative absolute abnormal returns and cumulative abnormal trading volume according to classifications of legal tradition (English common law, French civil law, Scandinavian and German law) following LaPorta et al. (1998).... ..."

"... In PAGE 7: ...ltimately only for 0.05% of flows and 0.04% of bytes we could not identify the country of origin. Because flows come from a number of countries (up to 80-90 per day) Table3 groups countries into a smaller number of regions (similar to the regions used in [14]). We subsequently ignore Africa as it contributes only 0.... ..."

"... In PAGE 4: ... Table1 .- Coverage evolution timetable Fig.... ..."

"... In PAGE 33: ...trahan, 1996; Barth et al., 2000). Future work should substantially broaden and deepen our understanding of the determinants of quot;nancial intermediary develop- ment by obtaining additional measures of the legal, supervisory, and regulatory factors that determine the level of quot;nancial intermediary development. Appendix A The data are listed country by country in Table 8 and the countries in the sample in Table9 . The summary statistics and correlations with other variables used in the paper are provided in Tables 10 and 11.... ..."

"... In PAGE 38: ... Table4 . Priors by Country (Cont.... In PAGE 39: ... Table4 . Priors by Country (Cont.... ..."

"... In PAGE 7: ...As shown in Table1 , the accuracy of extracted country entries is very encour- aging. Almost all the training countries could be found in the list of countries page.... ..."

"... In PAGE 18: ...he workplace. The same holds for the Kilden database. In CEC-WYS the field is not well defined, but seems to refer to country of origin, since the database covers four different countries. See Table5... ..."