Firm Value and Cross Listings: The Impact of Stock Market Prestige
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 analysis methodology to derive broad market-based measures of prestige for 45 country or regional stock exchange dest...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2015-03-01
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Series: | Journal of Risk and Financial Management |
Subjects: | |
Online Access: | http://www.mdpi.com/1911-8074/8/1/150 |