The ten key legal provisions identified as most relevant to the protection of minority shareholder rights are coded by a team of legal scholars coded between 0 and 1. The measures are not dichotomous because intermediate scores between 0 and 1 are possible. The sum of the scores for each of the ten legal provisions are the value of the variable, ranging from 0 to 10.

The ten legal provisions protecting the rights of minority shareholders:
1. Powers of the general meeting for de facto changes
2. Agenda-setting power
3. Anticipation of shareholder decision facilitated
4. Prohibition of multiple voting rights (super voting rights)
5. Independent board members
6. Feasibility of directors' dismissal
7. Private enforcement of directors' duties (derivative suit)
8. Shareholder action against resolutions of the general meeting
9. Mandatory bid
10. Disclosure of major share ownership