The literature on foreign firms listing their equity in the US is extensive. This paper extends research in this area by looking at the experience of firms engaging in cross listing across the regional GCC equity markets. The primary objective for firms to pursue cross listing is to lower their...

It is well known that stock returns, on average, are negative on Mondays. Yet, it is less well known that this finding is substantially the consequence of returns in prior trading sessions. When Friday's return is negative, Monday's return is negative nearly 80 percent of the time with a mean...