The paper explores whether the effects of cross-listing on analyst following and forecast error differ between firms with different accounting standards. The results reveal a higher increase in the number of analysts for cross-listed firms that follow their home country GAAPs prior...

This paper explores whether the effects of cross-listing on analyst following and forecast error differ among firms with different accounting standards. The results reveal a higher increase in the number of analysts for cross-listed firms that follow their home country's GAAP prior to...

This paper investigates the market reaction to banks' overseas listing, employing a sample of 68 foreign banks from 30 countries, which have cross-listed in the US between 1983 and 2006. We find that cross-listed banks experience market revaluation when they cross-list on the US market via ADR...

The purpose of this paper is to compare foreign listings on regulated and unregulated exchanges, and civil and common-law companies to test the effects of cross-listing (CL) on the firm's number of analysts and the accuracy of their forecast. The empirical test employs both univariate and...

We investigate how idiosyncratic and systematic effects impact the volatility risk of U.K. cross-listed stocks. Under the hypothesis that more stock followers enhance information effects on volatility, we examine whether variation in volatility of a cross-listed stock has in a bivariate setting...

This paper explains the choice of the cross-listing location with particular emphasis on the level of investor protection provided by the host market. We find that firms with concentrated control, with a higher level of risk and those with more pronounced financing needs cross-list on a market...

This paper explains the choice between cross-listing in the common law system versus the civil law system. We find that firms with more concentrated control, with a higher level of risk and those with more pronounced financing needs are more likely to cross-list on a common law market. In...

This paper explains the choice of the cross-listing location with particular emphasis on the level of investor protection provided by the host market. We find that firms with concentrated control, with a higher level of risk and those with more pronounced financing needs cross-list on a market...