Does Cross-listing of Chinese Firms Matter to Firm Performance? - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Does Cross-listing of Chinese Firms Matter to Firm Performance? write by . This book was released on 2013. Does Cross-listing of Chinese Firms Matter to Firm Performance? available in PDF, EPUB and Kindle.
International Cross-Listing of Chinese Firms
International Cross-Listing of Chinese Firms - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook International Cross-Listing of Chinese Firms write by Liu, Lixian. This book was released on 2014-01-31. International Cross-Listing of Chinese Firms available in PDF, EPUB and Kindle. While many nations are still struggling from the global financial crisis and regaining their financial security, investors are considering alternative options for investing their money; and the secure financial sector is China appears as a viable option. International Cross-Listing of Chinese Firms examines the successful techniques and strategies that Chinese companies are using within their financial practices. It highlights the foreign-based multinational enterprise theories related to the major international stock markets. By providing the latest theories and research, this book will be beneficial for business practitioners, researchers, and managers interested in the relationship between cross-listing and firm valuation of Chinese firms.
The Impact of Cross-listing on Firm Value
The Impact of Cross-listing on Firm Value - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Impact of Cross-listing on Firm Value write by Meichen Wang. This book was released on 2011. The Impact of Cross-listing on Firm Value available in PDF, EPUB and Kindle.
Bonding and Spurring
Bonding and Spurring - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Bonding and Spurring write by Wai Ho Yeung. This book was released on 2011. Bonding and Spurring available in PDF, EPUB and Kindle.
Cross-Listing, Firm-Specific Information, and Corporate Governance
Cross-Listing, Firm-Specific Information, and Corporate Governance - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Cross-Listing, Firm-Specific Information, and Corporate Governance write by Shan Li. This book was released on 2014. Cross-Listing, Firm-Specific Information, and Corporate Governance available in PDF, EPUB and Kindle. We examine the impact of cross-listing on firm-specific information utilizing the unique features of the Chinese capital markets. By separating the trading activity of domestic Chinese investors from that of foreign non-Chinese investors, we are able to isolate each investor group's relative ability to impound firm-specific information into stock prices. We show that the cross-listed H-shares traded by foreign investors incorporate significantly more firm-specific information than their A-share counterparts traded by domestic Chinese investors. We find a similar pattern between H-shares and A-shares even after a 2007 regulatory change that allowed domestic Chinese investors to trade in the H-share market. This finding suggests that while institutional factors (e.g., stricter listing rules, stronger investor protection) can explain some of the benefits of cross-listing, foreign investors' ability to utilize firm-specific information plays a separate and distinct role in generating cross-listing benefits. The level of information improvement due to foreign investors depends on the quality of the cross-listed firm's corporate governance.
