Why do firms cross‐list their shares on foreign exchanges? A review of cross‐listing theories and empirical evidence

O Dodd - Review of Behavioural Finance, 2013 - emerald.com
Purpose–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 …

Cross-listing and value creation

I Ghadhab, S Hellara - Journal of Multinational Financial Management, 2016 - Elsevier
This paper examines the effect of cross-listing and additional cross-listing on firm value for a
unique and comprehensive sample of firms listed abroad. Using an event study …

Does US cross-listing come with incremental benefit for already UK cross-listed firms

I Ghadhab, M M'rad - The Quarterly Review of Economics and Finance, 2018 - Elsevier
The aim of this paper is twofold. First, we try to understand the reasons that explain the
decision made by companies with UK cross-listing to cross-list their shares in the US …

Why do firms list their shares in the US? The role of political uncertainty

I Ghadhab, H Nizar - The Journal of Risk Finance, 2024 - emerald.com
Purpose This paper investigates the effect of political uncertainty on the decision to cross-list
in the United States (US). Design/methodology/approach To reach our paper aim, we use a …

Political risk and the equity trading costs of cross-listed firms

MV Braga-Alves - The Quarterly Review of Economics and Finance, 2018 - Elsevier
In order to increase investor participation in capital markets and, consequently, minimize the
total cost of trading, it is important to identify which political and social attributes most …

The determinants of foreign trading volume of stocks listed in multiple markets

O Dodd, C Louca, K Paudyal - Journal of Economics and Business, 2015 - Elsevier
We examine the determinants of the foreign trading volume of European stocks listed in
multiple markets. The results suggest that stocks that cross-list in foreign markets that are …

Cross-listing and the alignment between short and long-run performance

I Ghadhab - Journal of Multinational Financial Management, 2021 - Elsevier
This paper examines the alignment between initial price reaction and post-cross-listing
performance for non-American firms cross-listed in the US Using an event study …

Competitive advantages and performance of stock market: The case of Egypt

N Alber - International Journal of Economics and Finance, 2013 - papers.ssrn.com
This paper aims at analyzing the effects of quality announcement on performance of
Egyptian listed companies. This has been conducted by event study methodology using …

Do multiple foreign listings create value for firms?

L You, JD Payne, SWJ Lin - The Quarterly Review of Economics and …, 2018 - Elsevier
In this paper, we study whether firms benefit from listing in multiple foreign markets.
Employing a global sample of multiple-listed firms, we compare Tobin'sq for firms cross …

The determinants of multiple foreign listing decision

I Ghadhab, S Hellara - Procedia Economics and Finance, 2015 - Elsevier
This study aims to examine the determinants of multiple foreign listing decision. By
implementing a multiple event-time experiment, we find no evidence to support the bonding …