An Empirical Study of Selected Factors Influencing the Decision to List on Foreign Stock Exchanges
The growing internationalization of capital markets suggests that an increasing number of firms perceive the benefits of listing their stocks on foreign exchanges as outweighing the related costs. Many other firms, however, still limit listing their securities to their domestic exchanges. This study investigates the motives for listing aboard. The empirical analyses, based on data on 481 multinationals, indicate significant association between the likelihood of listing abroad and 1) the relative size of a firm in its domestic capital market, 2) the ratio of foreign to total sales.© 1988 JIBS. Journal of International Business Studies (1988) 19, 101–127
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 19 (1988)
Issue (Month): 1 (March)
|Contact details of provider:|| Web page: http://www.palgrave-journals.com/|
|Order Information:|| Postal: Palgrave Macmillan Journals, Subscription Department, Houndmills, Basingstoke, Hampshire RG21 6XS, UK|
Web: http://www.palgrave-journals.com/pal/subscribe/index.html Email:
When requesting a correction, please mention this item's handle: RePEc:pal:jintbs:v:19:y:1988:i:1:p:101-127. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Iulia Badea)
If references are entirely missing, you can add them using this form.