Chaplinsky, Susan; Ramchand, Latha - In: Journal of International Financial Markets, … 22 (2012) 5, pp. 1126-1148
We examine time dependency in the factors motivating delistings of foreign firms from major U.S. Exchanges over the period 1962–2006. For firms listing before Sarbanes-Oxley (SOX), we find that governance has no significant effect on delisting but after SOX, it becomes one of the main forces...
