Cosset, Jean-Claude; Martineau, Charles; Samet, Anis - Centre Interuniversitaire sur le Risque, les Politiques … - 2012
We study the impact of political institutions on foreign firms’ choice of their U.S. cross-listing venue. Using two measures of political institutions (an index of political rights and a political constraint index) and controlling for various firm-level and country-level characteristics, we...