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dc.contributor.authorFerguson, John
dc.contributor.authorPower, David
dc.contributor.authorStevenson, Lorna
dc.contributor.authorCollinson, David
dc.identifier.citationFerguson , J , Power , D , Stevenson , L & Collinson , D 2017 , ' Shareholder protection, income inequality and social health : a proposed research agenda ' , Accounting Forum , vol. 41 , no. 3 , pp. 253-265 .
dc.identifier.otherPURE: 248187921
dc.identifier.otherPURE UUID: 7f2ee957-396d-4815-9db2-9fab0316a120
dc.identifier.otherScopus: 85008199430
dc.identifier.otherORCID: /0000-0002-2655-3258/work/57821738
dc.identifier.otherWOS: 000415658000009
dc.description.abstractThis paper develops a proposed research agenda in order to highlight how corporate governance, accounting and company law are relevant to the consideration of income inequality and wider social health. To illustrate this proposed research agenda, this paper draws on corporate governance research in the law and finance tradition, as well as macro-level studies in accounting concerned with the wider corporate governance context, in order to consider the association between shareholder protection, income inequality and child mortality. Under 5 child mortality is an objective indication of a country’s ability to nurture its children. In an influential body of work, La Porta et al. (1997a, 1997b, 1998, 2008) concluded that a common law legal system which protected the interests of shareholders gave rise to better economic and social outcomes. However, drawing on corporate governance and accounting literature we contend that such a conclusion is flawed. The findings of this paper suggest that common law countries (i.e. those with the greater legal protection for investors) have worse social outcomes in terms of under-5 child mortality.
dc.relation.ispartofAccounting Forumen
dc.rights© 2017, Elsevier Ltd. All rights reserved. This work is made available online in accordance with the publisher’s policies. This is the author created, accepted version manuscript following peer review and may differ slightly from the final published version. The final published version of this work is available at
dc.subjectHG Financeen
dc.subjectH Social Sciences (General)en
dc.subjectHB Economic Theoryen
dc.titleShareholder protection, income inequality and social health : a proposed research agendaen
dc.typeJournal articleen
dc.contributor.institutionUniversity of St Andrews.School of Managementen
dc.contributor.institutionUniversity of St Andrews.Centre for the Study of Philanthropy & Public Gooden
dc.description.statusPeer revieweden

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