We analyse the distribution of foreign trading volume of European stocks cross-listed on various stock exchanges and examine the factors that affect the distribution. We focus on the role of two sets of determinants: the stock exchange characteristics and the stock-specific factors. We find that a stock exchange’s ability to attract order flow of foreign equity is positively associated with its organizational efficiency, market liquidity, the regulations pertinent to the quality of investor protection and insider trading. Regulated stock exchanges are found to be more successful in attracting order flow of foreign stocks than non-regulated markets, such as OTC and alternative markets and trading platforms. Among the stock-level factors, the...
We analyze the location of stock trading for firms with a U.S. cross-listing. The fraction of tradin...
We analyze the location of stock trading for firms with a U.S. cross-listing. The fraction of tradin...
This thesis examines the possible implications of international cross-listings for the wealth of sha...
We analyse the distribution of foreign trading volume of European stocks cross-listed on various sto...
We examine the determinants of the foreign trading volume of European stocks listed in multiple mark...
This paper documents the global trading volume distribution of cross-listed stocks and examines fact...
This paper documents the global trading volume distribution of cross-listed stocks and examines fact...
This paper documents the global trading volume distribution of cross-listed stocks and examines fact...
We examine the determinants of the foreign trading volume of European stocks listed in multiple mark...
We analyze the location of stock trading for firms with a US cross-listing. The fraction of trading ...
We analyze the location of stock trading for firms with a US cross-listing. The fraction of trading ...
We analyze the location of stock trading for firms with a US cross-listing. The fraction of trading ...
This paper shows stock exchange trading rules are of central importance for the trading location of ...
We analyze the location of stock trading for firms with a U.S. cross-listing. The fraction of tradin...
We analyze the location of stock trading for firms with a U.S. cross-listing. The fraction of tradin...
We analyze the location of stock trading for firms with a U.S. cross-listing. The fraction of tradin...
We analyze the location of stock trading for firms with a U.S. cross-listing. The fraction of tradin...
This thesis examines the possible implications of international cross-listings for the wealth of sha...
We analyse the distribution of foreign trading volume of European stocks cross-listed on various sto...
We examine the determinants of the foreign trading volume of European stocks listed in multiple mark...
This paper documents the global trading volume distribution of cross-listed stocks and examines fact...
This paper documents the global trading volume distribution of cross-listed stocks and examines fact...
This paper documents the global trading volume distribution of cross-listed stocks and examines fact...
We examine the determinants of the foreign trading volume of European stocks listed in multiple mark...
We analyze the location of stock trading for firms with a US cross-listing. The fraction of trading ...
We analyze the location of stock trading for firms with a US cross-listing. The fraction of trading ...
We analyze the location of stock trading for firms with a US cross-listing. The fraction of trading ...
This paper shows stock exchange trading rules are of central importance for the trading location of ...
We analyze the location of stock trading for firms with a U.S. cross-listing. The fraction of tradin...
We analyze the location of stock trading for firms with a U.S. cross-listing. The fraction of tradin...
We analyze the location of stock trading for firms with a U.S. cross-listing. The fraction of tradin...
We analyze the location of stock trading for firms with a U.S. cross-listing. The fraction of tradin...
This thesis examines the possible implications of international cross-listings for the wealth of sha...