Sarkissian, Sergei; Schill, Michael - Volkswirtschaftliche Fakultät, … - 2010
An expanding literature asserts that non-U.S. firms achieve a value premium for listing on U.S. equity markets. In this paper we examine the foreign listing premium across a global sample of home and host markets, including U.S. firms that list on non-U.S. stock exchanges. We find that the value...