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Cross border listings is the practice of listing a company's shares in a stock exchange of a country other than that in which the company is based. Firms may adopt cross-border listing to obtain advantages that include lower cost of capital, expanded global shareholder base, greater liquidity in the trading of shares, prestige and publicity.
There is a vast academic literature on the impact of cross-listings on the value of the cross-listed firms. Most studies (for example, Miller, 1999) find that a cross-listing on a U.S. stock market by a non-U.S. firm is associated with a significantly positive stock price reaction in the home market. [ 4 ]
Depending on the legend, the Horseman is either carrying his head, or is missing his head altogether, and may be searching for it. Famous examples include the dullahan from Ireland, who is a demonic fairy usually depicted riding a horse and carrying his head under his arm, and "The Legend of Sleepy Hollow," a short story written in 1820 by American writer Washington Irving, which has been ...