caa a22 4500 38630890X CHVBK 20180307111538.0 cr unu---uuuuu 161130e198806 xx s 000 0 eng 10.2307/2330877 doi S0022109000013004 pii (NATIONALLICENCE)cambridge-10.2307/2330877 International Listings and Stock Returns: Some Empirical Evidence [Elektronische Daten] Segmentation of capital markets produces incentives for firms to adopt countermeasures, one of which is dually listing their stocks on foreign capital markets. In this paper, the behavior of stock returns surrounding such international listings is examined for a sample of firms. Assuming that the capital markets are either completely or "mildly” segmented beforehand, it is hypothesized that the international listing of a security should, in general, accompany a reduction in its expected return. The sample reveals evidence consistent with this hypothesis. Copyright © School of Business Administration, University of Washington 1988 Alexander Gordon J. Eun Cheol S. Janakiramanan S. Journal of Financial and Quantitative Analysis Cambridge University Press 23/2(1988-06), 135-151 0022-1090 23:2<135 1988 23 JFQ https://doi.org/10.2307/2330877 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.2307/2330877 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Alexander Gordon J. NATIONALLICENCE 700 1- Eun Cheol S. NATIONALLICENCE 700 1- Janakiramanan S. NATIONALLICENCE 773 0- Journal of Financial and Quantitative Analysis Cambridge University Press 23/2(1988-06), 135-151 0022-1090 23:2<135 1988 23 JFQ CC0 http://creativecommons.org/publicdomain/zero/1.0 nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-cambridge