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We show that the sensitivity of corporate investment to stock price is higher for firms cross-listed in the U.S. than for firms that never cross-list. This diff
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This book looks at contemporary issues facing financial markets in Southern Africa. It has been established that African stock markets are confronted with a mul
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Understanding the current state of affairs and tools available in the study of international finance is increasingly important as few areas in finance can be di
Price Informativeness and Investment Sensitivity to Stock Price
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Market Liquidity
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This book offers an authorative take on the liquidity of securities markets, its determinants, and its effects. It presents the basic modeling and econometric t