Doidge, Craig; Karolyi, G. Andrew; Stulz, René M. - 2009
other
foreign firms listed in the U.S. that do not deregister. Until the SEC adopted Exchange Act Rule 12h-6 in
2007 the … in the second-half of 2007 that did not extend into 2008. We find that
deregistrations are generally associated with … adverse stock-price reactions, but these reactions are much
weaker in 2007 than in other years. It is unclear whether SOX …