The Impact of Depositary Receipts on Stock Market Development: Evidence from Organization of Islamic Cooperation Stock Markets

The issue of liquidity and the under development of the Organization of Islamic Cooperation (OIC) stock markets have been a hindrance factor for companies in those countries to seek fund and capital. Due to this reason, many companies choose Depositary Receipts (DRs) to raise capital internationall...

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Bibliographic Details
Main Authors: Norhazlina Ibrahim, Obiyathulla Ismath Bacha, Mansor H. Ibrahim, Hishamuddin Abdul Wahab
Format: Article
Language:English
Published: EconJournals 2020-04-01
Series:International Journal of Economics and Financial Issues
Online Access:http://mail.econjournals.com/index.php/ijefi/article/view/9572