Showing 1 - 10 of 22
Australian firms hire an increasing number of foreign directors who bring various cultural perspectives to their boards' conversations. We evaluate the effect of board cultural diversity contributed by foreign directors on firm performance for a sample of Australian companies, constituents of...
Persistent link: https://www.econbiz.de/10013375207
Persistent link: https://www.econbiz.de/10015330397
The crystal habit controls the microstructure heterogeneity of the crystalline rocks that significantly affects their mechanical behaviors. However, thus far, this effect has not been quantitatively characterized. Here we establish a grain-based model to investigate the effect of crystal habit...
Persistent link: https://www.econbiz.de/10013302148
We examine the impact of board cultural diversity, based on directors' ancestry, on firm performance conditional on product market competition. We argue that culturally diverse boards foster critical thinking and offer creative solutions that help firms thrive in competitive environments. We...
Persistent link: https://www.econbiz.de/10014503732
This thesis examines the possible implications of international cross-listings for the wealth of shareholders, for stock liquidity and volatility, and for the distribution of trading volumes across both the domestic and foreign stock markets where the shares are traded. For the purpose of...
Persistent link: https://www.econbiz.de/10009461465
This study evaluates the relationship between international cross-listings and shareholders’ wealth across different host markets and across time. For a sample of cross-listings by European companies in the US, in the UK, and within Europe, the findings show that US and UK cross-listings, on...
Persistent link: https://www.econbiz.de/10010938724
The paper discusses the history of the Australian dollar from its introduction in 1966 through various exchange rate regimes - from a fixed exchange rate to becoming a floating currency in 1983. It reviews the bilateral Australian dollar exchange rate changes in terms of the US dollar from 1983...
Persistent link: https://www.econbiz.de/10014084138
An improvement in a firm's information environment is one possible benefit of cross-listing a firm's shares. We empirically examine the changes in the information asymmetry and informational efficiency of prices of cross-listed stocks in their home market around a firm's cross-listing in the US....
Persistent link: https://www.econbiz.de/10013000214
This study evaluates the relationship between international cross-listings and shareholders' wealth across different host markets and across time. For a sample of cross-listings by European companies in the US, in the UK, and within Europe, the findings show that US and UK cross-listings, on...
Persistent link: https://www.econbiz.de/10013004545
Financial markets' integration and technological advances in equity trading may have reduced the potential benefits from listing a firm's shares on a foreign exchange. Nevertheless, a significant number of firms continue to cross-list every year. This article examines the recent cross-listing...
Persistent link: https://www.econbiz.de/10013081303