This paper explains the choice of the cross-listing location with particular emphasis on the level of investor protection provided by the host market. We find that firms with concentrated control, with a higher level of risk and those with more pronounced financing needs cross-list on a market...

This paper explains the choice between cross-listing in the common law system versus the civil law system. We find that firms with more concentrated control, with a higher level of risk and those with more pronounced financing needs are more likely to cross-list on a common law market. In...

This paper explains the choice of the cross-listing location with particular emphasis on the level of investor protection provided by the host market. We find that firms with concentrated control, with a higher level of risk and those with more pronounced financing needs cross-list on a market...