Librería Samer Atenea
Librería Aciertas (Toledo)
Kálamo Books
Librería Perelló (Valencia)
Librería Elías (Asturias)
Donde los libros
Librería Kolima (Madrid)
Librería Proteo (Málaga)
I analyze the impact of three institutional factors(legal origin, perceived corruption level andownership structures) on the cash flow sensitivity ofinvestment in ten emerging markets (Hong Kong,Indonesia, India, Korea, Malaysia, Philippines,Singapore, Taiwan, Thailand and Turkey.). Common Laworigin countries and countries which reveal a lowlevel of perceived corruption indicate economicallyand statistically lower sensitivities. The impact ofownership is less conclusive, which is likely to be aconsequence of complex structure.