This paper examines the relationship between cross-listing and corporate governance for Canadian firms, that were cross-listed on US stock exchanges during the period 1997-2003. We find that cross-listed firms have more independent boards and audit committees after the listing relative to a...

Agency problems may arise from the separation of ownership and management (Type I) or from conflicts of interest between controlling and non-controlling shareholders (Type II). In this study, we investigate whether the relation between corporate governance and firm performance depends on the...

We investigate the relation between managerial incentives and the decision to cross list by comparing Canadian firms cross listed on U.S. stock exchanges to industry- and size-matched control firms. After controlling for firm and ownership structure characteristics, we find a positive...