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

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). T...

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Bibliographic Details
Main Authors: Onur Arugaslan, Ajay Samant
Format: Article
Language:English
Published: Universiti Utara Malaysia 2009-08-01
Series:The International Journal of Banking and Finance
Subjects:
Online Access:https://www.e-journal.uum.edu.my/index.php/ijbf/article/view/8390