Stewart, Jonathan D.; Jalbert, Terrance; Moritz, Karl-Johan - In: The International Journal of Business and Finance Research 1 (2007) 1, pp. 79-89
This paper examines the relative efficiency of the U.S. and Stockholm Stock Exchanges. Numerous stocks are cross-listed on United States Exchanges and the Stockholm Stock Exchange. We compare the prices of these firms at near-simultaneous trading times. This study is an extension of an earlier...