Three Papers in International Finance
Loading...
Authors
Ding, Yi
Date
2015-04-24
Type
thesis
Language
eng
Keyword
Class action lawsuits , ETFs , International finance , Cross-listed stocks
Alternative Title
Abstract
In this thesis, I broadly explore how the globalization of financial markets affects the valuation of international securities on the U.S. market. My first essay explores the evolution of firms’ valuation, before, during, and after firms cross-listing in the U.S., and provides novel evidence of industry effects in determinants and consequences of cross-listing. My second essay explores how U.S. litigation environment affects the valuation of U.S. listed foreign firms, and documents that firms experience negative return spillovers when their country peers are targeted by U.S. class action lawsuits. My third essay focuses on how trading location affects the return dynamics of international ETFs, the intraday pattern of the impact, as well as the characteristics of trading markets that contribute to the impact.
Description
Thesis (Ph.D, Management) -- Queen's University, 2015-04-19 19:57:53.707
Citation
Publisher
License
Queen's University's Thesis/Dissertation Non-Exclusive License for Deposit to QSpace and Library and Archives Canada
ProQuest PhD and Master's Theses International Dissemination Agreement
Intellectual Property Guidelines at Queen's University
Copying and Preserving Your Thesis
This publication is made available by the authority of the copyright owner solely for the purpose of private study and research and may not be copied or reproduced except as permitted by the copyright laws without written authority from the copyright owner.
ProQuest PhD and Master's Theses International Dissemination Agreement
Intellectual Property Guidelines at Queen's University
Copying and Preserving Your Thesis
This publication is made available by the authority of the copyright owner solely for the purpose of private study and research and may not be copied or reproduced except as permitted by the copyright laws without written authority from the copyright owner.