Wall Street stock exchanges woo the international firms
Article Abstract:
US investors increasingly are becoming sophisticated concerning the international equity markets and are conversant with the yields of foreign stocks and are willing to access foreign stock exchanges to get those yields. The US stock exchanges, The New York Stock Exchange, the American Stock Exchange, and NASDAQ, are trying to get more foreign corporations to list on their exchanges in order to forestall the erosion of their share of US investors' capital invested in equities. However, many foreign corporations are disinclined to list on the US exchanges due to the regulations of the SEC which require more disclosure than do their domestic markets, and due to the high cost of listing on US markets. Many foreign firms selling shares in the US utilize American Depository receipts as proxies for home shares. An overview of the three US exchanges efforts to woo international corporations for listings is presented.
Publication Name: Multinational Business
Subject: Business, international
ISSN: 0300-3922
Year: 1990
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Emerging stock markets: investment strategies of the future
Article Abstract:
Less developed countries (LDCs) began to move away from interventionist policies, and toward market-based economies in the 1980s, a process which involved economic reform, including financial reform, and which led to the emergence of stock markets as a means of raising funds. This method meant that corporate debt levels could be controlled, and savings could be mobilized. These emerging markets are likely to continue to grow rapidly for a variety of reasons, including enhanced political stability, and a drop in lending by international banks to these countries.
Publication Name: Columbia Journal of World Business
Subject: Business, international
ISSN: 0022-5428
Year: 1993
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Markets in turmoil
Article Abstract:
Financial markets in the US and Europe have been experiencing sharp price fluctuations as uncertainty grips these markets. With the market mood definitely bearish, investors are advised to stick to the sidelines and wait for buying opportunities that may arise once expected market-wide technical corrections have occurred. Speculative bargain-hunting of European stocks is also not recommended given the high risks involved.
Publication Name: SwissWORLD
Subject: Business, international
ISSN:
Year: 1997
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