ADR Issuance and the Capitalization of Firm-Specific Information
碩士 === 元智大學 === 財務金融學系 === 95 === This study examines whether the issuance of ADR improves the information content of stock prices by testing the changes in idiosyncratic risk of local stocks in emerging markets. Firms with earlier ADR issuance (before 1999) are found to exhibit significant increase...
Main Authors: | , |
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Other Authors: | |
Format: | Others |
Language: | en_US |
Published: |
2007
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Online Access: | http://ndltd.ncl.edu.tw/handle/07166746548776759872 |