Essays about: "American Depositary Receipts"

Found 4 essays containing the words American Depositary Receipts.

  1. 1. Brexit's effect on UK ADRs

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Amanda Hellström; Felicia Nordin; [2019]
    Keywords : American Depositary Receipts; Brexit; Abnormal returns; Event study; Difference-in-differences;

    Abstract : On June 23rd 2016, the United Kingdom (UK) voted to leave the European Union, resulting in what is often referred to as Brexit. The day after the vote, the British pound (GBP) declined to the lowest level against the US dollar in 30 years and the FTSE 100 lost around GBP 85 billion. READ MORE

  3. 2. ADR premium, its construction around crisis : To what extent is the ADR premium built by the same variables during a crisis as during a non-crisis period?

    University essay from Företagsekonomi

    Author : Guillaume Beaudoux; William Leau; [2013]
    Keywords : Cross-listing; American Depositary Receipts; ADR; Efficient Market Hypothesis; premium; arbitrage; liquidity; exchange rate; US market; VIX; volatility; home market.;

    Abstract : In this thesis, we analyze premium relationship of American depositary receipts (ADR) and their underlying shares. Several researchers have previously identified the main variables influencing the construction of ADR premium of cross-listed companies. READ MORE

  4. 3. The Market Response to American Depositary Receipts

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Nalin De Silva; [2005]
    Keywords : American depositary receipts; Economics; econometrics; economic theory; economic systems; economic policy; Nationalekonomi; ekonometri; ekonomisk teori; ekonomiska system; ekonomisk politik; Business and Economics;

    Abstract : American depositary receipts.... READ MORE

  5. 4. The market response to foreign cross-listings - An event study analysis of American Depositary Receipts

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Karl Göran Emil Berglund; Nalin De Silva; Oskar Tuwesson; [2003]
    Keywords : Financial Integration; ADRs; Cross-listings; Management of enterprises; Företagsledning; management; Business and Economics;

    Abstract : This dissertation investigates how different regions are financially integrated with the US capital markets and how the level of integration has changed over time. The research has been conducted by using an event study methodology to examine the impact on domestic stock prices following foreign cross-listings on US stock exchanges. READ MORE