Shares not blocked before meeting 100% 57% 17% 100% 71%
Cumulative voting/proportional represent'n 28% 29% 33% 0% 27%
Oppressed minority 94% 29% 50% 0% 53%
Preemptive right to new issues 44% 62% 33% 75% 53%
%ShareofcapitaltocallandESM)10% 94% 52% 0% 0% 78%
Panel B: Measures of creditor protection
Creditor rights index 3.11 1.58 2.33 2.00 2.3
No automatic stay on secured assets 72% 26% 67% 25% 49%
Secured creditors"rst 89% 65% 100% 100% 81%
Paid restrictions for going into reorganization 72% 42% 33% 75% 55%
Management does not stay in reorganization 78% 26% 33% 0% 45%
Panel C: Measures of enforcement
E$ciency of of the judicial system 8.15 6.56 8.54 10.00 7.6
Corruption 7.06 5.84 8.03 10.00 6.9
Accounting standards 69.92 51.17 62.67 74.00 60.9