The Effects of Legal Regime on the Patterns of Stock Returns around ADR Earnings Announcements
This study examines the effects of legal regime on the patterns of stock returns surrounding the earnings announcements of American Depositary Receipt (ADR) programs. My results indicate that the properties of accounting earnings associated with the local legal regime of an ADR program spill over to...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2003
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soa_research/265 http://dx.doi.org/10.1016/s0020-7063(03)00043-8 |
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| Institution: | Singapore Management University |
| Language: | English |