...' boards of directors. I find that foreign directors' board representation is positively associated with the probability of Russian companies' cross-listing on London Stock Exchange's Main Market, alone or in combination with other markets. Non-London stock exchanges that are popular among Russian...

...Albert Tsang; Kun Tracy Wang; Nathan Zhenghang Zhu; Li Yu ABSTRACT Based on evidence from nine countries that hosted the Olympic Games, we show that relative to firms domiciled in non-Olympics-hosting countries, firms domiciled in Olympics-hosting countries engage in more cross-listing...

...–2016, and they are financially better than their home-country counterparts. We also find approximately 6 percent abnormal return around the cross-listing days. Moreover, FPIs with higher financial reporting transparency (i.e., lower earnings smoothness and preparing financial statements in accordance...

... will be to gain insight as to this disclosure's impact on FPI cross-listed on U.S. markets and show the effect of a new U.S. disclosure regulation in equity markets across the world. The remainder of this study is organized as follows. First a discussion of cross-listing, the event history of SOX, and related...

...Yaqi Shi; Jeong-Bon Kim; Michel L. Magnan ABSTRACT Building on the bonding hypothesis, this paper examines the economic consequences of voluntary management earnings forecasts (MFs) made by foreign firms cross-listed in the U.S. market. Our work reveals the following. First, cross-listed firms...