The Impact of the Regional Cross-listing of Stocks on Firm Value in Sub-Saharan Africa - 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 the Regional Cross-listing of Stocks on Firm Value in Sub-Saharan Africa write by Olatundun Janet Adelegan. This book was released on 2009. The Impact of the Regional Cross-listing of Stocks on Firm Value in Sub-Saharan Africa available in PDF, EPUB and Kindle.
Can Regional Cross-listings Accelerate Stock Market Development? Empirical Evidence from Sub-Saharan Africa
Can Regional Cross-listings Accelerate Stock Market Development? Empirical Evidence from Sub-Saharan Africa - 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 Can Regional Cross-listings Accelerate Stock Market Development? Empirical Evidence from Sub-Saharan Africa write by Olatundun Janet Adelegan. This book was released on 2008-12. Can Regional Cross-listings Accelerate Stock Market Development? Empirical Evidence from Sub-Saharan Africa available in PDF, EPUB and Kindle. This study analyzes the impact of regional cross-listing of stocks on the depth of the stock markets in sub-Saharan Africa (SSA). It analyzes data from 1990 to 2007 for a panel of 13 stock markets in SSA countries, only some of which have regional cross-listings. Using event study methodology, the paper finds significant positive effects in measures of stock market depth around regional cross-listing events. Overall, growth in the regional crosslisting of stocks facilitates stock market deepening, and the stock markets of countries with regional cross-listings perform better than those without. The study thus suggests that SSA countries can benefit from putting in place the necessary conditions for promoting regional cross-listings and thereby deepening their stock markets. These include sound legal and regulatory frameworks, macroeconomic and political stability, harmonization of listing rules, accounting laws and disclosure requirements across the region, and strong money markets.
The Impact of the Regional Cross-listing of Stocks on Firm Value in Sub-Saharian Africa
The Impact of the Regional Cross-listing of Stocks on Firm Value in Sub-Saharian Africa - 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 the Regional Cross-listing of Stocks on Firm Value in Sub-Saharian Africa write by Olatundun Janet Adelegan. This book was released on 2009. The Impact of the Regional Cross-listing of Stocks on Firm Value in Sub-Saharian Africa available in PDF, EPUB and Kindle.
Regional Financial Integration in Africa: Cross-listings as a Form of Regional Financial Integration
Regional Financial Integration in Africa: Cross-listings as a Form of Regional Financial Integration - 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 Regional Financial Integration in Africa: Cross-listings as a Form of Regional Financial Integration write by Moses Wisdom Chisadza. This book was released on 2014-02. Regional Financial Integration in Africa: Cross-listings as a Form of Regional Financial Integration available in PDF, EPUB and Kindle. This book looks at contemporary issues facing financial markets in Southern Africa. It has been established that African stock markets are confronted with a multitude of problems which include inadequate liquidity, low capitalisation, few market participants, a small number of listed companies and low trading volumes. As a result, their broader economic impact has so far been limited. The Southern Africa Development Community (‘SADC’) stock markets, with the exception of South Africa, are small both in terms of the number of listed companies and market capitalisation, and they display considerable illiquidity. In general, the SADC region has shallow and underdeveloped financial markets. Their development has been hampered by a number of factors which include; political and economic uncertainty, fiscal dominance, weak judicial institutions, limited investment opportunities in the private sector, technological constraints, and the shortage of skilled personnel with expertise in banking and finance.
The role of cross-listings in establishing a Southern African Development Community regional stock exchange
The role of cross-listings in establishing a Southern African Development Community regional stock exchange - 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 role of cross-listings in establishing a Southern African Development Community regional stock exchange write by Moses Wisdom Chisadza. This book was released on 2014-01-17. The role of cross-listings in establishing a Southern African Development Community regional stock exchange available in PDF, EPUB and Kindle. Master's Thesis from the year 2013 in the subject Economics - Case Scenarios, , course: LLM in International Trade, Investment and Business Law in Africa, language: English, abstract: It has been established that African stock markets are confronted with a multitude of problems which include, inadequate liquidity, low capitalisation, few market participants, a small number of listed companies and low trading volumes. As a result, their broader economic impact has so far been limited. The Southern Africa Development Community (SADC) stock markets with the exception of South Africa are small, both in terms of the number of listed companies and market capitalisation, and they display considerable illiquidity. In general, the SADC region has shallow and underdeveloped financial markets. Their development has been hampered by a number of factors which include; political and economic uncertainty, fiscal dominance, weak judicial institutions, limited investment opportunities in the private sector, technological constraints, and the shortage of skilled personnel with expertise in banking and finance. It is contended that all these problems could be eased through regional financial integration. The integration of African stock markets and the introduction of regional stock exchanges will promote cross-border listings and thus stimulate increased liquidity across markets. Thus, it is suggested that the integration of SADC’s stock markets and the creation of a regional stock exchange is one of the panaceas to overcome Africa’s stock market problems. A regional stock exchange has the potential for tremendous benefits for both local and foreign investors, as well as for business enterprises in the region
