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One important finding on legal systems is:

a. English-based law is less shareholder friendly and French-based codes more so.

b. There is a link between shareholder protection and economic growth – where countries with weaker investor protection promote well-developed financial markets and hence stimulate economic growth.

c. The protection of minority shareholders is not related to the country's legal system (the laws themselves) – rather, it is only the enforcement of the law that relates to this protection.

d. None of these.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92349529

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