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Tekijä:Koedijk, K. G.
Dijk, M. A. van
Otsikko:The cost of capital of cross-listed firms
Lehti:European Financial Management
2004 : SEP, VOL. 10:3, p. 465-486
Asiasana:Costs
Equity capital
Foreign exchange
Listed companies
Kieli:eng
Tiivistelmä:The cost of capital companies with foreign equity listings is analysed. The paper addresses the question whether international and domestic asset pricing models yield a different estimate of the cost of capital for cross-listed stocks. The study tests for the significance of the cost of capital differential in a sample of 336 cross-listed stocks from nine countries over the period 1980-99.
SCIMA tietueen numero: 257047
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