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Protecting Minority Shareholders: Listed versus Unlisted Firms

✍ Scribed by Claudio Loderer; Urs Waelchli


Book ID
118073488
Publisher
Financial Management Association International (FMA)
Year
2010
Tongue
English
Weight
184 KB
Volume
39
Category
Article
ISSN
0046-3892

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Protection of minority shareholder inter
✍ William A Reese Jr.; Michael S Weisbach πŸ“‚ Article πŸ“… 2002 πŸ› Elsevier Science 🌐 English βš– 235 KB

This paper examines the hypothesis that non-US firms cross-list in the United States to increase protection of their minority shareholders. Cross-listing on the NYSE or Nasdaq subjects a non-US firm to a number of provisions of US securities law, and requires the firm to conform to US GAAP. It there