Risk and return implications of American depository receipts listings.

• المؤلفون الرئيسيون: Chia, Kelvin Zhi Ling., Choi, Shuk Man., Goh, Lek Ping.
• مؤلفون آخرون: Nanyang Business School
• التنسيق: Final Year Project
• منشور في: 2008
• الموضوعات: DRNTU::Business::Finance::Equity
• الوصول للمادة أونلاين: http://hdl.handle.net/10356/8658

This paper examines the behaviour of stock returns and volatility patterns upon the listing of ADRs by Singapore firms. The sample reveals evidence showing negative post-listing abnormal returns and risk reducing effects although changes in volatilities upon the listing of the ADRs are insignificant...