Why invest in invester protection? New evidences from ADR market.
The purpose of this study is to examine the effects of cross-sectional differences in the level of investor protection across different countries on the firm liquidity, cost of equity and valuation. I analyze 251 firms from 26 different countries listed as ADRs in US as on June 30, 2002. I find that...
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Main Author: | Monish Chhabra. |
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Other Authors: | Sen, Nilanjan |
Format: | Theses and Dissertations |
Published: |
2008
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Subjects: | |
Online Access: | http://hdl.handle.net/10356/7572 |
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Institution: | Nanyang Technological University |
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