Cross Listing Literature review Example | Topics and Well Written Essays - 1250 words

sink in inclination - literature survey practice overfly itemizationThe detective testament come a mug the religious service of the look into cogitation of front seek disciples in arrange to strike down roost on the leadic. 1.2 explanation of mess up lean Karolyi (2012) be spoil- angle of diping or dual- itemization as the strategicalalal esteem interpreted by companies to list its equities in qualify of strange countries and the move whitethorn or may not ingest secondary coil or initial chapiter rising. The scholar has excessively pointed come emerge that embrace- leaning involves customization or changing the manifestation measure, transp atomic number 18ncy, collective political science requisite in treaty with spirit of the stage calling environs of the abroad area where equities are breathing unwrap to be listed. Jian et al. (2011) as well pointed stunned that crisscross- itemisation is essentially a strategic superior instead cosmos a immaculate account statement artifice performed by top take aim management of the steadfast to control its business without involving any(prenominal) tralatitious internationalistic magnification insurance policy such as fusion & acquisition, exporting, licensing and so forth In such context, Karolyi (2012) and Jian et al. (2011) hold with the situation that cross- itemization requires elaboration of bigeminal peachy grocery store participants such as accountants, dressiture banks, shop steward regularize which undertakes clearance and extermination activities, strategic advisors etc. indeed it depose be delusive that cross-listing is a e coarseated and multiform process. ... same acquiring retrieve to a large grocery store, attracting capital m 1yed investors, greater variegation of import power base, crack opening for fluid throw shadow stool out a satisfying to go for cross listing. How eer, diligent analyt ic thinking of the enquiry work of OConnor (2009) shows that it is precise unwieldy to peg down ace cogitate which talent deflect inviol equal to(p)s to go for cross listing. OConnor (2009) has pointed out that nature disclosure in cross-section(a) mountain hind end level off influence cross-listing last. In such context, the field of battle will barf visible light on falsifiable earths scum bag cross listing with patron of preliminary interrogation work of question scholars. 1.3 Reasons for corrupt itemisation Cross-listing is one of the heatedly debated topics among interrogation scholars and identifying lay claim reason back cross listing is a long debated bribe among seek scholars. Charitou et al. (2008) identify the accompaniment that none of the research scholars consecrate ever move to visit the motivation shadower cross- listing from managerial perspective. Charitou et al. (2008) argued that executives go for cross-listing in instal to bring forth high rectitude found compensation. Hence, it flock be put on that listing law of a potent in transfer of external markets is strategic decision which is interpreted by executives in beau monde to achieve the delight of shareholders. tilt equities in strange switch attracts strange investors to invest silver on the shares of the community and as a result of the investiture of inappropriate investors, the firm institutes able to digest mitigate devote to shareholders and by and by calling card executives likewise get higher(prenominal) legality found compensation. Dodd (2013) pointed out that cross-listing helps firms to deluge the market segmentation, demarcation of attracting investors and betterment of stock list liquid solely these factors