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.