Vagabond shoes longing to stray: Why foreign firms list in the United States

By Asher A. Blass, Yishay Yafeh. 2001

165 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/5fa7b13156bbb543eec6675b7a8b56a033319721

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Citations in the corpus

Policy uncertainty, derivatives use, and firm-level FDI (2017, background): “In line with Baker, Bloom, and Davis (2016) and Davis (2016), we focus on uncertainty regarding who makes economic policy decisions, what economic policy actions will be undertaken and when, and the economic effects of policy actions (or inaction).”
Corporate Governance and Investors' Perceptions of Foreign IPO Value: An Institutional Perspective (2014, background): “…public in developed Western capital markets rather than in their home markets because the prevalence of knowledgable analysts and investors offers a more efficient flow of information and a deeper understanding of the nuances of technology and innovation (Blass & Yafeh, 2001; Hursti & Maula, 2007).”
What Makes Stock Exchanges Succeed? Evidence from Cross-Listing Decisions (2001, result): “These results parallel the Blass and Yafeh (2000) "nding that Israeli and Dutch "rms which choose Nasdaq for their initial public o!ering (IPO) are overwhelmingly high-tech oriented, and feature higher 774 M.”
Can foreign firms bond themselves effectively by . . renting U.S. securities laws (2005, unknown): “Several recent empirical studies recognize that ADRs might be an effective bonding mechanism (Blass and Yafeh, 2001; Doidge et al., 2004; Lang, Lins et al., 2003).”
Regulation and Bonding: The Sarbanes-Oxley Act and the Flow of International Listings (2008, background): “14 Blass and Yafeh (2001) show that high-tech and fast growing firms from Israel and the Netherlands list exclusively in the U.”
IPOs and Product Quality (2001, background): “Blass and Yafeh (2001) look at a sample of Israeli firms that are only listed in U.S. markets and characterize them as young, high-tech, and export-oriented.”
The liability of foreignness in capital markets: Sources and remedies (2011, background): “…finance studies suggest that foreign firms tend to be at a disadvantage, in that they are likely to experience higher cost of capital, lower liquidity, and less analyst coverage than the local firms against which they compete for resources in host capital markets (Blass & Yafeh, 2001).”
Competition and cooperation among exchanges: A theory of cross-listing and endogenous listing standards☆ (2006, background): “Evidence supporting this implication is provided by Blass and Yafeh (2000), who find that high-tech firms”
The impact of foreign board membership on firm value (2003, unknown): “1998; Blass and Yafeh, 2001).”