Overseas listing location and cost of capital: Evidence from Chinese firms listed in Hong Kong, Singapore, and the United States
As at the end of 2012, more than 600 nonstate-owned Chinese firms were listed in overseas stock markets. We find that Chinese firms listed in the US have the lowest cost of capital when compared to those listed in Hong Kong and Singapore, and these results hold when controlling for firm characterist...
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Main Authors: | , , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2019
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Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/6662 https://ink.library.smu.edu.sg/context/lkcsb_research/article/7661/viewcontent/Overseas_Listing_Location_Chinese_Firms_av.pdf |
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Institution: | Singapore Management University |
Language: | English |