A test of effect of cross-listing on the valuation of Chinese firms

Zhu, Yun

dc.contributor.advisor	Boabang, Francis
dc.coverage.spatial	China
dc.creator	Zhu, Yun
dc.date.accessioned	2013-09-26T14:41:58Z
dc.date.available	2013-09-26T14:41:58Z
dc.date.issued	2013
dc.identifier.uri	http://library2.smu.ca/xmlui/handle/01/25230
dc.description	1 online resource (32 p.)
dc.description	Includes abstract and appendices.
dc.description	Includes bibliographical references (p. 30-32).
dc.description.abstract	The purpose of this study is to test the effect of cross-listing on the valuation of Chinese firms. The research performed event study with the event window of 20 days, 60 days and 120 days to examine the existence of accumulated abnormal return when cross-listing on Shanghai Stock Exchange (SSE). The results of this study proved negative accumulated abnormal return on Hong Kong Stock Exchange (HKEx) when listed on SSE. Furthermore, this study discussed effect of cross-listing on the valuation of firms in different industries. These results of our study could be a potential source for decision making and for managers who are attempting to cross-listing on Chinese stock markets.	en_CA
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dc.description.provenance	Made available in DSpace on 2013-09-26T14:41:58Z (GMT). No. of bitstreams: 1 zhu_yun_mrp_2013.pdf: 554294 bytes, checksum: b8408e560badaf7fbeab10d18e338ad2 (MD5)	en
dc.language.iso	en	en_CA
dc.publisher	Halifax, N.S. : Saint Mary's University
dc.title	A test of effect of cross-listing on the valuation of Chinese firms	en_CA
dc.type	Text	en_CA
thesis.degree.name	Master of Finance
thesis.degree.level	Masters
thesis.degree.discipline	Finance, Information Systems, & Management Science
thesis.degree.grantor	Saint Mary's University (Halifax, N.S.)