...Jennifer Bannister; Li-Chin Jennifer Ho; Xiaoxiao Song ABSTRACT This paper investigates whether the U.S. market rewards cross-listed foreign firms and domestic firms differently when they meet or beat earnings expectations (MBE). Using 1,800 matched pairs of foreign firms and domestic firms from...

...' 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...

...) , and Litvak (2007) by examining the SEC's mandatory disclosures of financial experts on company audit committees. Editor's note: Accepted by Ervin L. Black. January 2015 January 2016 2016 Firms that cross-list in the U.S. typically experience a significantly positive stock market...

...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...