Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5089751 | Journal of Banking & Finance | 2012 | 18 Pages |
Abstract
⺠We examine the premium for listing on foreign stock exchanges. ⺠We show that many exchanges (besides the US) are associated with a foreign listing premium. ⺠The premium has little to do with institutional features of the exchange. ⺠The foreign listing premium is most related to variation in pre-listing valuation ratios.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Sergei Sarkissian, Michael J. Schill,