Corporate governance and disclosure practices of listed firms having global exposure, such as subsidiaries of Multinational Corporations (MNCs) as well as domestic crosslisted firms, are different from firms having only domestic exposure. Domestic listed firms are listed only in the home country...

Cross-listing involves a situation where a firm that is already trading on its home country stock exchange decides to also list on an international exchange. Hence, cross-listed firms face two conflicting pressures in global business environment. They face two institutional environments, viz.,...