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...

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Bibliographic Details
Main Authors: Nicola Cetorelli, Stavros Peristiani
Format: Article
Language:English
Published: MDPI AG 2015-03-01
Series:Journal of Risk and Financial Management
Subjects:
Online Access:http://www.mdpi.com/1911-8074/8/1/150