Jump to ContentJump to Main Navigation
The Global Stock MarketIssuers, Investors, and Intermediaries in an Uneven World$
Users without a subscription are not able to see the full content.

Dariusz Wójcik

Print publication date: 2011

Print ISBN-13: 9780199592180

Published to Oxford Scholarship Online: September 2011

DOI: 10.1093/acprof:oso/9780199592180.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 15 September 2019

The Footprint of Foreign Listing: Issuers from Emerging Markets

The Footprint of Foreign Listing: Issuers from Emerging Markets

Chapter:
(p.39) 3 The Footprint of Foreign Listing: Issuers from Emerging Markets
Source:
The Global Stock Market
Author(s):

Dariusz Wójcik

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199592180.003.0003

Chapter 3 continues the focus on issuers, but this time in an international context. The analysis is based on the most dynamic part of the foreign listing market in 2000s: issuers from Brazil, Russia, India, and China listing their shares in the USA, the UK, and Luxembourg. The results show that these issuers are mostly large firms, coming from relatively high-growth, internationally oriented sectors, and headquartered overwhelmingly in the leading business centres of their home countries. Key intermediaries in the foreign listing process are the global investment banks, linking the locations of the cross-listing firms with the financial centres where the host stock exchanges are located. Competition is fierce, with both the host markets and intermediaries specializing in terms of the size, sector, and geographical origin of the issuers they serve.

Keywords:   issuers, foreign listing, Brazil, Russia, India, China, London, New York, Luxembourg, investment banks

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .