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Investor protection strong areas, outside investors are likely to put more pressure on company management (La Porta, 2000), in order to reduce the company's internal and external investors because of asymmetric information and agency problems, company management is likely to provide more timely and

Protects the strong area in the investor, exterior investor very possibly exerts a more tremendous pressure to the corporate management level (La Porta and so on, 2000), in order to reduce the company insiders with exterior investor the proxy question which not assymetrical produces as a result of t

Investors in the region with stronger protection, external investors are likely to increase pressure on management of the Company, 2000) (La Porta Company, in order to mitigate internal and external investors due to information asymmetry arising from the management of the Company, acting on a very m

Investor protection strong areas, outside investors are likely to put more pressure on company management (La Porta, 2000), in order to reduce the company's internal and external investors because of asymmetric information and agency problems, company management is likely to provide more timely and