Purpose–Financial markets' integration and technological advances in equity trading may
have reduced the potential benefits from listing a firm's shares on a foreign exchange …

This paper examines (i) whether the level of firms' cash holdings differ depending on the
strength of investor protection,(ii) whether excess cash holdings are valued more with better …

This paper examines how, and to what extent, cross-listing impacts corporate dividend
smoothing. We report significantly increased dividend smoothing, with idiosyncratic sectoral …

This article investigates the effect of liquidity on the speed of adjustment (SOA) of corporate
leverage at the individual company level. Using panel analysis of data from 35 countries …

This study examines the relationship between cross-listing and product market predation
risk by using cross-listed firm-level data in both A and H shares. Results investigate that …

Purpose We explore the impact of equity liquidity on a firm's dynamic leverage adjustments
and the moderating impacts of leverage deviation and target instability on the link between …

Using index and financial exchange-traded funds (ETFs), this study explores the relation
between funding liquidity and equity liquidity during the subprime crisis period. Our …

Using a panel of indices for five developed market and five emerging markets for the period
from 31 December 2019 to 19 June 2020, the relationship between stock market liquidity …

We study the determinants of a firm's decision to issue one of the four available ADR
programs (Level I, Level II, Level III, and Rule 144A). We find that the firm's attributes (size …

Companies moving from the Main market of London Stock Exchange to the AIM impair their
information environment when entering the AIM; the information environment is measured …