...Ruiyuan Chen; Sadok El Ghoul; Omrane Guedhami; He Wang; Yang Yang ABSTRACT Using a sample of firms from 51 countries and a difference-in-differences approach that exploits corporate governance shocks induced by cross-listing in the U.S., we find that firms tend to engage in less tax avoidance...

... from weaker regimes. JEL Classifications: G15; G34; G38. 2021 The SEC's reporting exemptions were intended to help U.S. exchanges compete for cross-listings by limiting duplicative disclosures at a time when most foreign firms dual-listed in Europe ( Davidoff 2010 ). In turn, U.S. listings...

... no effect on what constituted fraudulent conduct for the purpose of securities litigation, it significantly reduced the expected private litigation costs for foreign cross-listed firms by reducing the pool of potential claimants. It did so by eliminating the right of shareholders who purchased shares on non...

...Long Chen; Jeff Ng; Albert Tsang ABSTRACT Using a comprehensive dataset of international cross-listings spanning 34 (50) home (target) countries, we examine whether mandatory IFRS adoption facilitates firms' cross-listing activities. Our results using difference-in-differences analyses show...