Corporate governance, agency problems and international cross-listings: A defense of the bonding hypothesis

GA Karolyi - Emerging Markets Review, 2012 - Elsevier
Why firms from around the world seek to cross-list their shares on overseas exchanges has
intrigued scholars during the past two decades. A general dissatisfaction with the …

Do countries matter for voluntary disclosure? Evidence from cross-listed firms in the US

Y Shi, M Magnan, JB Kim - Journal of International Business Studies, 2012 - Springer
This paper explores the likelihood and consequences of voluntary disclosure (proxied by
management earnings forecasts) for a sample of 1005 cross-listed firms in the US from 40 …

Securities laws, disclosure, and national capital markets in the age of financial globalization

RM Stulz - Journal of Accounting Research, 2009 - Wiley Online Library
As barriers to international investment fall and technology improves, the cost advantages for
a firm's securities to trade publicly in the country in which that firm is located and for that …

Mapping the Themes Underlying the Literature on Cross-Listing of Shares—A Contemporary Corporate Strategy of Sustainable Growth

Q Lei, MUQ Attari, M Hayat, MM Ahmad, A Haseeb… - Sustainability, 2023 - mdpi.com
In the current era of globalization, cross-listing literature has been growing as a tool to
achieve sustainable growth and provide policy implications for multinationals, international …

Cross-listing, foreign independent directors and firm value

S Oh, K Ding, H Park - Journal of Business Research, 2021 - Elsevier
This paper examines how cross-listing affects firm value through changes in the foreign
independent director composition of corporate boards. Using a novel dataset of directors' …

Firm value and cross listings: The impact of stock market prestige

N Cetorelli, S Peristiani - Journal of Risk and Financial Management, 2015 - mdpi.com
This study investigates the valuation impact of a firm's decision to cross list on a more (or
less) prestigious stock exchange relative to its own domestic market. We use a network …

Does cross-listing in the US improve investment efficiency? Evidence from UK firms

AL Abed, W Abdallah - The Quarterly Review of Economics and Finance, 2019 - Elsevier
We examine whether managers of cross-listed firms improve corporate investment efficiency
through learning from the stock market upon cross-listing. Using a sample of UK firms cross …

The choice of ADRs

N Boubakri, JC Cosset, A Samet - Journal of Banking & Finance, 2010 - Elsevier
We study the determinants of a firm's decision to issue one of the four available ADR
programs (Level I, Level II, Level III, and Rule 144A). We find that the firm's attributes (size …

IPO underpricing to retain family control under concentrated ownership: Evidence from Hong Kong

X Yu, Y Zheng - Journal of Business Finance & Accounting, 2012 - Wiley Online Library
This study examines whether family firms utilize IPO underpricing in order to retain family
control as a means of avoiding outside blockholders. Using a sample of firms listed in Hong …

[PDF][PDF] the Impacts of Corporate Governance Mechanisms and Ownership Structure on Capital Structure of Chinese Dual-Listed Companies

CW Kwong, CE Yet - International Journal of Business …, 2023 - pdfs.semanticscholar.org
This research aims to assess how the mechanisms of corporate governance and ownership
structure affect the capital structures of Chinese dual-listed companies that list their shares in …