Evaluating the Foreign Listing Decision in a Capital Budgeting Framework
Usha R. Mittoo
(Faculty of Management, Department of Accounting and Finance, University of Manitoba, Winnipeg, R3T 2N2 Phone: 204–474–8969)
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Abstract
Evaluation of the foreign listing decision involves many complexities since it impacts a firm's financing, investment, and marketing decisions. In this paper, we identify major costs and benefits of foreign listing based on the available evidence and suggest evaluation of the foreign listing decision using an Adjusted Present Value method. We also discuss implications of some recent regulatory changes on the costs and benefits of foreign listing.
Citation
Mittoo, U.R. (1994), "Evaluating the Foreign Listing Decision in a Capital Budgeting Framework", Managerial Finance, Vol. 20 No. 8, pp. 22-35. https://doi.org/10.1108/eb018484
Publisher
:MCB UP Ltd
Copyright © 1994, MCB UP Limited