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 that issuers are motivated to cross-list due to the...
