Essay question: With global investors searching for higher returns in international markets, what is the role for investor protection in developing international financial markets and real economies? Required Paper: La Porta, Rafael, Florencio Lopez-de-Silanes, Andrei Shleifer, and Robert W. Vishny, Investor Protection and Corporate Governance, Journal of Financial Economics, Vol. 58, No. 1: 3-27, 2000.(Attached) Other Questions to be addressed: Why is investor protection necessary? Who needs protection? What methods are used to protect investors from the expropriation of profits? How does the legal system affect the level of investor protection? How does investor protection affect the value of the companies on financial markets?
