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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