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"For a foreign "issuer," the benefits of cross-listing in the United States are extensively documented in the literature. However it is not clear what motivates "investors" to hold American Depositary Receipts (ADRs) rather than the underlying stock of these issuers. The authors address the...

Persistent link: https://www.econbiz.de/10010522661

American Depositary Receipts (ADR) holdings of U.S. based emerging market funds

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