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https://www.um.edu.mt/library/oar/handle/123456789/111396| Title: | Cross-listing, global shares and dematerialised shares |
| Authors: | Marano, Pierpaolo Ferretti, Isabella |
| Keywords: | Stocks -- Law and legislation Stock exchanges Securities -- Italy Corporations, Foreign -- Law and legislation Liquidity (Economics) |
| Issue Date: | 2006 |
| Publisher: | Oxford University Press |
| Citation: | Marano, P., & Ferretti, I. (2006). Cross-listing, global shares and dematerialised shares. Uniform Law Review/ Revue de Droit Uniforme, 11, 267-284. |
| Abstract: | The phenomenon of cross-listing has blossomed since the mid- 1980s; that is, we have seen the same company's shares listed both on its home markets, subject to its home country legislation, and on markets subject to the legislation and regulation of other countries. Companies tend to opt for listing on British and American markets. 453 foreign companies are now listed on the NYSE, 330 on NASDAQ, 81 on AMEX. 350 foreign companies are listed on the London Stock Exchange. The decision to cross-list serves a number of needs. A company submits to an especially strict regime on corporate information and investor protection when it opts for li sting on one of t he world 's leading exchanges (typically in Britain or America),6 or rather just to trade its securities in those markets. [Excerpt] |
| URI: | https://www.um.edu.mt/library/oar/handle/123456789/111396 |
| ISSN: | 03903761 |
| Appears in Collections: | Scholarly Works - FacEMAIns |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| Cross listing global shares and dematerialised shares 2006.pdf Restricted Access | 20.91 MB | Adobe PDF | View/Open Request a copy |
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