Bhattacharjee, Kaushik; Bang, Nupur Pavan; Mamidanna, Sravya - In: Journal of Multinational Financial Management 24 (2014) C, pp. 43-59
This paper studies the price interdependence and transmission pattern between a group of level III American Depository Receipts (ADRs) and their respective underlying stock prices in India. We investigate the transmission dynamics of pricing information between the ADRs and their underlying...