Ball, Ryan T.; Hail, Luzi; Vasvari, Florin P. - 2011 - Last rev.: October 07, 2011
Using a large panel from 46 countries over 20 years, we find that non-U.S. firms issue corporate bonds more frequently and at lower offering yields following an equity cross-listing on a U.S. exchange. Firms issue more bonds through public offerings instead of private placements and in foreign...
