Zhang, Cinder Xinde; King, Tao-Hsien Dolly - In: Journal of Multinational Financial Management 20 (2010) 1, pp. 71-92
This paper examines the decision to list abroad by Chinese companies in the form of ADRs and foreign IPOs from 1993 to … 2005. Our sample consists of 33 ADRs, 218 foreign IPOs, and a sample of 1418 domestic listings. We find evidence to support …