Determinants of International Stock Listings: New Evidence

Authors

  • Christopher Ngassam Saint Cloud State University, USA

Abstract

This study reports the results of a survey of managers of NYSE-listed firms whose stocks became listed on one or more of the following exchanges - London's International Stock Exchange (ISE), Frankfurt Stock Exchange (FSE), and Tokyo Stock Exchange (TSE). The results show much similarity between the motives of NYSE firms for listing on these three exchanges. The key motives include increasing visibility, broadening the shareholder base, and gaining access to financial markets. Most respondents perceive few initial barriers to listing on the ISE and FSE, but the situation differs on the TSE. Respondents saw cost and disclosure requirements as initial barriers, but they decided to list their firms' stock anyway.

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Published

2001-11-01

How to Cite

Ngassam, C. (2001). Determinants of International Stock Listings: New Evidence. Journal of Comparative International Management, 4(1). Retrieved from https://journals.lib.unb.ca/index.php/JCIM/article/view/467

Issue

Vol. 4 No. 1 (2001)

Section

RESEARCH ARTICLES

License

Papers accepted become the copyright of the journal, unless otherwise specifically agreed.