Cover Image

Does Cross-Listing Lead to Functional Convergence? Empirical Evidence

The author examines the effect of legal bonding on ownership and control structures of foreign firms cross-listing in the United States. Contrary to the predictions of corporate governance convergence theories, there is little evidence of convergen...

Full description

Bibliographic Details
Main Author: Ayyagari, Meghana
Language:English
en_US
Published: World Bank, Washington, D.C. 2013
Subjects:
AUDIT COMMITTEES
BENCHMARK
CAPITAL MARKETS
COMPANY
CONTROL SHARE
CONVERGENCE HYPOTHESIS
CORPORATE GOVERNANCE
CORPORATE OWNERSHIP
CORPORATION
CORPORATIONS
COST OF CAPITAL
DEBT
DISCLOSURE
DISCLOSURE REQUIREMENTS
EXPROPRIATION
FIRM SIZE
FIRMS
FORECASTS
FOREIGN COMPANIES
FOREIGN FIRMS
FOREIGN INVESTORS
FOREIGN SHAREHOLDERS
FUTURE RESEARCH
GOING PUBLIC
GROWTH RATE
LIQUIDITY
LISTED COMPANIES
NASDAQ
NETWORK EXTERNALITIES
NYSE
OTC
OWNERSHIP STRUCTURE
PROFITABILITY
ROE
SHAREHOLDERS
SHAREHOLDINGS
STATEMENTS
SUNK COSTS
TIME SERIES
TRANSPARENCY
TRUSTS
VALUATION
WEALTH CORPORATE GOVERNANCE
OWNERSHIP
DEPOSITORY RECEIPTS
FINANCIAL POLICIES
CAPITAL STRUCTURE
STOCK MARKETS
MARKET VALUE
CONTROL STOCKS
Online Access:http://documents.worldbank.org/curated/en/2004/03/3573367/cross-listing-lead-functional-convergence-empirical-evidence
http://hdl.handle.net/10986/14302

Internet

http://documents.worldbank.org/curated/en/2004/03/3573367/cross-listing-lead-functional-convergence-empirical-evidence
http://hdl.handle.net/10986/14302

Similar Items