Cross-listing Sun Yubei
Cross-listing Sun Yubei
Article 1: Corporate governance,agency problems and international cross-listing:a defense of the bonding hypothesis G.Andrew Karolyi
Article 1: Corporate governance, agency problems and international cross-listing: a defense of the bonding hypothesis —— G. Andrew Karolyi
What is cross-listing? Cross-/isting is usually a strategic choice made by a firm to list its equity shares on one or more exchanges,in addition to its domestic exchanges
What is cross-listing? Cross-listing is usually a strategic choice made by a firm to list its equity shares on one or more exchanges, in addition to its domestic exchanges
Market Bonding segmentation hypothesis Motivations Market Investor liquidity recognition
Motivations Market segmentation Investor recognition Market liquidity Bonding hypothesis
Market segmentation hypothesis Regulato ry restrictio ns Costs Informa proble tion barriers ms problem S Investor prefere nce
Market segmentation hypothesis Regulato ry restrictio ns Costs proble ms Investor prefere nce… Informa tion problem s