Add to ORKGThe purpose of this study is to examine the effects of cross-sectional differences in the level of investor protection across different countries on the firm liquidity, cost of equity and valuation. I analyze 251 firms from 26 different countries listed as ADRs in US as on June 30, 2002. I find that the country-level investor protection has a strong impact on all three stock-related variables.Master of Busines
It is already well known that U.S. investors can achieve higher gains by investing directly in emerg...
This paper examines (i) whether the level of firms’ cash holdings differ depending on the strength o...
This dissertation contains three empirical studies that examine the effect of investor protection o...
The purpose of this study is to examine the effects of cross-sectional differences in the level of i...
This paper examines (i) whether the level of firms\u27 cash holdings differ depending on the strengt...
The paper examines the influence of investor protection on international equity portfolio investmen...
In spite of the growing research concerning investor protection, the relation between investor prote...
ADR premiums being discrepancies between returns on ADRs and re-turns on underlying shares, they do ...
The benefits of cross-listing for a foreign “issuer ” are extensively documented in the literature, ...
We examine the role of country-level legal investor protection (i.e., shareholder and creditor prote...
Previous research investigating cross-border M&As (CBM&As) by emerging economies (EEs) provided con...
ADR share prices tend to deviate from their parity values under foreign ownership restrictions and o...
When shareholders of target companies get paid with stock, they may face an increased risk ...
We examine the interaction between the legal protection of investors, corporate governance within fi...
We study how market values and cash flow affect investment and external finance in a sample of firms...
It is already well known that U.S. investors can achieve higher gains by investing directly in emerg...
This paper examines (i) whether the level of firms’ cash holdings differ depending on the strength o...
This dissertation contains three empirical studies that examine the effect of investor protection o...
The purpose of this study is to examine the effects of cross-sectional differences in the level of i...
This paper examines (i) whether the level of firms\u27 cash holdings differ depending on the strengt...
The paper examines the influence of investor protection on international equity portfolio investmen...
In spite of the growing research concerning investor protection, the relation between investor prote...
ADR premiums being discrepancies between returns on ADRs and re-turns on underlying shares, they do ...
The benefits of cross-listing for a foreign “issuer ” are extensively documented in the literature, ...
We examine the role of country-level legal investor protection (i.e., shareholder and creditor prote...
Previous research investigating cross-border M&As (CBM&As) by emerging economies (EEs) provided con...
ADR share prices tend to deviate from their parity values under foreign ownership restrictions and o...
When shareholders of target companies get paid with stock, they may face an increased risk ...
We examine the interaction between the legal protection of investors, corporate governance within fi...
We study how market values and cash flow affect investment and external finance in a sample of firms...
It is already well known that U.S. investors can achieve higher gains by investing directly in emerg...
This paper examines (i) whether the level of firms’ cash holdings differ depending on the strength o...
This dissertation contains three empirical studies that examine the effect of investor protection o...