Barriers to Global Stock Listing Among African Companies: Is It Cost or Compliance?
Author | : Dr. Emmanuel Asoluka Ihejirika |
Publisher | : Lulu.com |
Total Pages | : 141 |
Release | : 2015-09-11 |
ISBN-10 | : 9781483426716 |
ISBN-13 | : 1483426718 |
Rating | : 4/5 (16 Downloads) |
Download or read book Barriers to Global Stock Listing Among African Companies: Is It Cost or Compliance? written by Dr. Emmanuel Asoluka Ihejirika and published by Lulu.com. This book was released on 2015-09-11 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a classical empirical research study, the author investigated whether foreign investment into the U.S are hindered by SOX act, high compliance cost or high stock listing cost in NYSE and NASDAQ exchanges. This book is a practical and excellent resource for graduate academic research in business, showing how research methodology design and variables are operationalized. This book will benefit African firms and global investors listing shares overseas, including in U.S using Depositary Receipts (DRs). The increasing demand for Depositary Receipts is driven by the desire of individual and institutional investors to diversify their portfolios, reduce risk and invest internationally. While most investors recognize the benefits of global diversification, they also understand the challenges presented when investing directly in local trading markets. These obstacles can include inefficient trade settlements, uncertain custody services and costly currency conversions.