Risk-Adjusted Returns of American Depositary Receipts on Chinese and Indian Stocks

• Main Authors: Arugaslan, Onur, Samant, Ajay
• 格式: Article
• 語言: English
• 出版: Universiti Utara Malaysia 2009
• 主題: HG Finance
• 在線閱讀: http://repo.uum.edu.my/25072/1/IJBF%206%202%202009%2077%2093.pdf; http://repo.uum.edu.my/25072/; http://ijbf.uum.edu.my/index.php/previous-issues/138-the-international-journal-of-banking-and-finance-ijbf-vol-6-no-2-february-march-2009

This study evaluates the risk-adjusted performance of American Depositary Receipts (ADRs) on shares of stock of Chinese and Indian fi rms.The first part of the study examines the nature of Chinese and Indian ADRs (based on depositary bank, sponsorship status, industry classification and listing).The...