ADR effects on domestic Latin American financial market
Descripción del Articulo
The purpose of this paper is to revisit and extend previous research work that examines the ADR-listing effects on the trading process of all the domestically-listed stocks in the main Latin American exchanges. The most important result is consistent with the idea of a greater isolation (from global...
Autor: | |
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Formato: | artículo |
Fecha de Publicación: | 2010 |
Institución: | Universidad ESAN |
Repositorio: | ESAN-Institucional |
Lenguaje: | inglés |
OAI Identifier: | oai:repositorio.esan.edu.pe:20.500.12640/2663 |
Enlace del recurso: | https://revistas.esan.edu.pe/index.php/jefas/article/view/276 https://hdl.handle.net/20.500.12640/2663 https://doi.org/10.46631/jefas.2010.v15n28.02 |
Nivel de acceso: | acceso abierto |
Materia: | International finance Economic integration Finanzas internacionales Integración económica https://purl.org/pe-repo/ocde/ford#5.02.04 |
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Mendiola Cabrera, Alfredo2021-11-10T14:49:52Z2021-11-10T14:49:52Z2010-06-30https://revistas.esan.edu.pe/index.php/jefas/article/view/276Mendiola, A. (2010). ADR effects on domestic Latin American financial market. Journal of Economics, Finance and Administrative Science, 15(28), 45-64. https://doi.org/10.46631/jefas.2010.v15n28.02https://hdl.handle.net/20.500.12640/2663https://doi.org/10.46631/jefas.2010.v15n28.02The purpose of this paper is to revisit and extend previous research work that examines the ADR-listing effects on the trading process of all the domestically-listed stocks in the main Latin American exchanges. The most important result is consistent with the idea of a greater isolation (from global markets) of the singly-listed stocks in the post-cross-listing period. These results persist over the cross-listing months. As expected, the cross-listed stocks become more integrated in the post-cross listing period.El propósito de este artículo es revisar y extender trabajos de investigación en que se examinan los efectos de emitir ADRs en el proceso de negociación de las acciones listadas en los mercados de valores latinoamericanas. El resultado más impor-tante es consistente con la idea de un mayor aislamiento (de mercados financieros internacionales) de las acciones listadas únicamente en el mercado doméstico en el período posterior a la emisión de los ADRs. Estos resultados son persistentes en el tiempo. Como era de esperarse, las acciones sobre las que se han emitido ADRs se encuentran más integradas con mercados financieros internacionales en períodos posteriores a la emisión de este.application/pdfInglésengUniversidad ESAN. ESAN EdicionesPEurn:issn:2218-0648https://revistas.esan.edu.pe/index.php/jefas/article/view/276/162Attribution 4.0 Internationalinfo:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by/4.0/International financeEconomic integrationFinanzas internacionalesIntegración económicahttps://purl.org/pe-repo/ocde/ford#5.02.04ADR effects on domestic Latin American financial marketinfo:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionArtículoreponame:ESAN-Institucionalinstname:Universidad ESANinstacron:ESANhttps://orcid.org/0000-0002-0927-2999Acceso abiertoJournal of Economics, Finance and Administrative Science64284515THUMBNAIL28.jpg28.jpgimage/jpeg285125https://repositorio.esan.edu.pe/bitstreams/ea1a4e36-22ff-4c99-b33f-5b7bf5e796e9/download6c25ff10b301d5c17aef79d74b78375eMD51falseAnonymousREADJEFAS-28-2010-45-64.pdf.jpgJEFAS-28-2010-45-64.pdf.jpgGenerated Thumbnailimage/jpeg4052https://repositorio.esan.edu.pe/bitstreams/e27f9824-31bc-4a79-bcaf-4c1c29e69af6/download551ca3d743dd9a9ad38f7006c945a004MD54falseAnonymousREADORIGINALJEFAS-28-2010-45-64.pdfTexto completoapplication/pdf505531https://repositorio.esan.edu.pe/bitstreams/82e7fa9b-fb62-48eb-9ffd-e2ebe8e19d68/download3d5e5f02281fcaaffe25cf1847f06161MD52trueAnonymousREADTEXTJEFAS-28-2010-45-64.pdf.txtJEFAS-28-2010-45-64.pdf.txtExtracted texttext/plain57263https://repositorio.esan.edu.pe/bitstreams/902b4350-ec2e-46b3-a752-5ff6569eef83/download87a69413dde20b134b7d18f03a89223dMD53falseAnonymousREAD20.500.12640/2663oai:repositorio.esan.edu.pe:20.500.12640/26632025-07-09 09:29:43.708https://creativecommons.org/licenses/by/4.0/Attribution 4.0 Internationalopen.accesshttps://repositorio.esan.edu.peRepositorio Institucional ESANrepositorio@esan.edu.pe |
dc.title.en_EN.fl_str_mv |
ADR effects on domestic Latin American financial market |
title |
ADR effects on domestic Latin American financial market |
spellingShingle |
ADR effects on domestic Latin American financial market Mendiola Cabrera, Alfredo International finance Economic integration Finanzas internacionales Integración económica https://purl.org/pe-repo/ocde/ford#5.02.04 |
title_short |
ADR effects on domestic Latin American financial market |
title_full |
ADR effects on domestic Latin American financial market |
title_fullStr |
ADR effects on domestic Latin American financial market |
title_full_unstemmed |
ADR effects on domestic Latin American financial market |
title_sort |
ADR effects on domestic Latin American financial market |
author |
Mendiola Cabrera, Alfredo |
author_facet |
Mendiola Cabrera, Alfredo |
author_role |
author |
dc.contributor.author.fl_str_mv |
Mendiola Cabrera, Alfredo |
dc.subject.en_EN.fl_str_mv |
International finance Economic integration |
topic |
International finance Economic integration Finanzas internacionales Integración económica https://purl.org/pe-repo/ocde/ford#5.02.04 |
dc.subject.es_ES.fl_str_mv |
Finanzas internacionales Integración económica |
dc.subject.ocde.none.fl_str_mv |
https://purl.org/pe-repo/ocde/ford#5.02.04 |
description |
The purpose of this paper is to revisit and extend previous research work that examines the ADR-listing effects on the trading process of all the domestically-listed stocks in the main Latin American exchanges. The most important result is consistent with the idea of a greater isolation (from global markets) of the singly-listed stocks in the post-cross-listing period. These results persist over the cross-listing months. As expected, the cross-listed stocks become more integrated in the post-cross listing period. |
publishDate |
2010 |
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2021-11-10T14:49:52Z |
dc.date.available.none.fl_str_mv |
2021-11-10T14:49:52Z |
dc.date.issued.fl_str_mv |
2010-06-30 |
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info:eu-repo/semantics/article |
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info:eu-repo/semantics/publishedVersion |
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Artículo |
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article |
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publishedVersion |
dc.identifier.none.fl_str_mv |
https://revistas.esan.edu.pe/index.php/jefas/article/view/276 |
dc.identifier.citation.none.fl_str_mv |
Mendiola, A. (2010). ADR effects on domestic Latin American financial market. Journal of Economics, Finance and Administrative Science, 15(28), 45-64. https://doi.org/10.46631/jefas.2010.v15n28.02 |
dc.identifier.uri.none.fl_str_mv |
https://hdl.handle.net/20.500.12640/2663 |
dc.identifier.doi.none.fl_str_mv |
https://doi.org/10.46631/jefas.2010.v15n28.02 |
url |
https://revistas.esan.edu.pe/index.php/jefas/article/view/276 https://hdl.handle.net/20.500.12640/2663 https://doi.org/10.46631/jefas.2010.v15n28.02 |
identifier_str_mv |
Mendiola, A. (2010). ADR effects on domestic Latin American financial market. Journal of Economics, Finance and Administrative Science, 15(28), 45-64. https://doi.org/10.46631/jefas.2010.v15n28.02 |
dc.language.none.fl_str_mv |
Inglés |
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La información contenida en este registro es de entera responsabilidad de la institución que gestiona el repositorio institucional donde esta contenido este documento o set de datos. El CONCYTEC no se hace responsable por los contenidos (publicaciones y/o datos) accesibles a través del Repositorio Nacional Digital de Ciencia, Tecnología e Innovación de Acceso Abierto (ALICIA).