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Stock price informativeness, cross-listings and investment decisions

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Listed:
  • Foucault, Thierry
  • Gehrig, Thomas

Abstract

In this paper, the authors show that a cross-listing allows a firm to make better investment decisions because it enhances stock price informativeness.

Suggested Citation

  • Foucault, Thierry & Gehrig, Thomas, 2006. "Stock price informativeness, cross-listings and investment decisions," HEC Research Papers Series 840, HEC Paris.
  • Handle: RePEc:ebg:heccah:0840
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    References listed on IDEAS

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    More about this item

    Keywords

    Cross-listings; cross-listings premium; price informativeness; investment decisions; flow-back; ownership.;
    All these keywords.

    JEL classification:

    • D92 - Microeconomics - - Micro-Based Behavioral Economics - - - Intertemporal Firm Choice, Investment, Capacity, and Financing
    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions

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