Liquidity and firm value in an emerging market

J Batten, XV Vo - The Singapore Economic Review, 2019 - World Scientific
This paper investigates the link between stock market liquidity and firm value in an important
emerging market, Vietnam. Specially, we examine this relationship using a sample of firms …

Cross-listing and predation risk in product markets

LJ Zhou, W Kong, Y Li - … of International Financial Markets, Institutions and …, 2023 - Elsevier
This study examines the relationship between cross-listing and product market predation
risk by using cross-listed firm-level data in both A and H shares. Results investigate that …

Domestic liquidity of cross-listed stocks: Evidence from the ADR market

H Ghaffar, S Azmat, MK Hassan - Pacific-Basin Finance Journal, 2022 - Elsevier
This paper examines the impact of cross-listing in the US on domestic liquidity of the cross-
listed stocks. We use a sample of firms from 31 developed and emerging economies that …

Do inflowing sophisticated investors induce classification shifting? New evidence from market liberalisation in China

J Lu, X Bu, J Chen - Accounting & Finance, 2021 - Wiley Online Library
Abstract Viewing the Shanghai‐Hong Kong Stock Connect (SHSC) programme as an
initiative of China's market liberalisation programme, this study examines whether inflowing …

Investigating the relationship between stock liquidity and firm value

NI Shamsi, SM Quader… - Business Perspective …, 2022 - riiopenjournals.com
Purpose: This paper aims to investigate the effect of stock liquidity on firm value (MV),
operating income to price (OIP), market value of equity to market value of the asset (MVEA) …

The bonding hypothesis revisited: evidence from US class action lawsuits

JM Coy, KD Cao, TT Nguyen - Managerial Finance, 2021 - emerald.com
Purpose Consistent with an “absolute bonding hypothesis,” the benefits of listing on US
exchanges experienced by cross-listed firms are accompanied by an increased risk of …

[PDF][PDF] Liquidity, Leverage and Firm Value Nexus of Banks Listed on the Ghana Stock Exchange: A Panel Granger Causality Analysis.

MB Nyamekye, GC Agbemabiase… - Journal of Applied …, 2024 - researchgate.net
This study aims to examine the linkage among liquidity, leverage, and firm value. The study
employed panel data from listed banks on the Ghana Stock Exchange from 2010 to 2020 …

Does cross-listing really enhance market efficiency for stocks listed in the home market? The perspective of noise trading in the Chinese Stock Market

Y Hu, T Zhao - Emerging Markets Finance and Trade, 2018 - Taylor & Francis
The investor recognition hypothesis and the bonding hypothesis, which help us understand
the market quality of stocks that are cross-listed on different stock markets, imply improved …

[HTML][HTML] Key determinants of cross-listing in Sub-Saharan Africa

LM Atuna, M Adusei - Transnational Corporations Review, 2022 - Elsevier
We examine the determinants of cross-listing using 780 companies listed on 7 stock
exchanges in Sub-Saharan Africa (SSA). We employ survival analysis also known as failure …

[PDF][PDF] Arbitrage and Stock Mispricing: Empirical Evidence from GCC Markets.

A Alawi, H Bawazir, S Celik - Journal of Islamic Financial Studies, 2021 - researchgate.net
Cross listing has become a worldwide phenomenon and is considered a great way for listed
companies to raise extra capital and gain access to new markets and segments. However …