Protection of minority shareholder inter
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William A Reese Jr.; Michael S Weisbach
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Article
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2002
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Elsevier Science
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English
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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