Essays about: "Cross-listing"

Showing result 1 - 5 of 8 essays containing the word Cross-listing.

  1. 1. CEO Incentives and firm risk: in the context of cross-listing

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : William Lennartsson; Harley Ljungdahl; [2019]
    Keywords : CEO compensation; CEO incentives; Stock options; Firm risk; Black-Scholes; Delta; Vega; Agency Theory; Business and Economics;

    Abstract : This research aims to investigate the relation of CEO compensation, especially how the sensitivity of CEO wealth to stock return volatility (vega), but also how the sensitivity of CEO wealth to stock price (delta) affects the risk of the firm. Moreover, these relations are investigated in the context of cross-listing to examine whether there are differences between US-only listed firms and those that are dual listed. READ MORE

  2. 2. The effect of corporate governance and growth opportunities on dividend payout; does cross-listing matter?

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Jinhan Wu; [2018]
    Keywords : cross-listing; corporate governance; growth opportunities; dividend payout;

    Abstract : Using a sample of 434 firms listed on U.S. capital markets, including Over-the-counter, and 356 domestically listed firms from 47 countries during 2010 to 2015, this research confirms corporate governance’s positive effect, as well as growth opportunities’ negative effect on firm’s dividend payout. READ MORE

  3. 3. The Effects of Delisting on Liquidity and Volatility : A case study on Nordic companies

    University essay from Högskolan i Jönköping/IHH, Företagsekonomi

    Author : Alexander Svensson; Anton Heikenström; [2016]
    Keywords : Cross-listing; Delisting; Market integration; Liquidity; Volatillity; Stock markets;

    Abstract : Cross-listing has for decades been an instrument for entering a new market with the intention of gaining extra trading volume and increased liquidity. Recently, we have observed a significant decrease in newly issued ADR’s which has lead us to wonder whether this instrument is still an efficient option. READ MORE

  4. 4. Effects of changes in the Icelandic capital controls: An event study on the stock price of Össur hf.

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Daníel Kristinsson; [2015]
    Keywords : Capital controls; Cross-listing; GARCH; market model; premium; Business and Economics;

    Abstract : The aim of the thesis is to examine whether changes in the capital controls affect the premium of the cross-listed stock of Össur hf., it is listed on the Icelandic and Copenhagen stock exchange. The price difference is examined with two currency rates, the official rate as given by the Central bank of Iceland and the offshore rate. READ MORE

  5. 5. Chinese cross-listing corporations performance study - focus on U.S. and Mainland China markets

    University essay from

    Author : Chu Jing; [2013]
    Keywords : cross-listing; performance; event study; ordinary least square;

    Abstract : The purpose of this paper is to investigate the impact of cross-listing on companies' performance. It is divided into two aspects, one in short-term and the other in long-term. In short-run study, 6 companies cross-listing in NYSE and Chinese market are in the sample. READ MORE