ADR Effects on Domestic Latin American Financial Market

ADR Effects on Domestic Latin American Financial Market
Author :
Publisher :
Total Pages : 20
Release :
ISBN-10 : OCLC:1308961942
ISBN-13 :
Rating : 4/5 (42 Downloads)

Book Synopsis ADR Effects on Domestic Latin American Financial Market by : Alfredo M. Mendiola

Download or read book ADR Effects on Domestic Latin American Financial Market written by Alfredo M. Mendiola and published by . This book was released on 2014 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this paper is to revisit and extend previous research work that examines the ADR-listing effects on the trading process of all the domestically-listed stocks in the main Latin American exchanges. The most important result is consistent with the idea of a greater isolation (from global markets) of the singly-listed stocks in the post-cross-listing period. These results persist over the cross-listing months. As expected, the cross-listed stocks become more integrated in the post-cross listing period.


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