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