Benefits of Compliance with Securities Listing Standards : Evidence From the Depository Receipt Market /

The paper finds that costs of implementing stringent securities listing standards may exceed benefits. Depository receipts, a growing source of international equity financing, differ in types by the reporting and disclosure standards issuing firms are required to meet. For lower levels of compliance...

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Bibliografiske detaljer
Hovedforfatter: Sarr, Abdourahmane
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2001.
Serier:IMF Working Papers; Working Paper ; No. 2001/079
Fag:
Online adgang:Full text available on IMF