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Author:Khurana, I.K.
Martin, X.
Periera, R.
Title:Cross-listing and firm growth
Journal:Review of finance
2008 : VOL. 12:2, p. 293-322
Index terms:stock markets
stock exchanges
listed companies
international
USA
Language:eng
Abstract:Based on a sample of firms from 37 countries that are cross-listed (hereafter as: c-lstd.) in the USA, a positive association is found btw. cross-listing (as: c-l-g.) and subsequent externally financed firm growth (as: f-g.) rates. However, there is no evidence found that increases in externally financed f-g. after c-l-g. would vary systematically as a function of the home-country attributes of the c-lstd. firms. Overall, the results provide new and direct evidence on the impact of c-l-g. on the f-g. rates.
SCIMA record nr: 268043
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