Sökning: "Georgios Monokandylos"

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  1. 1. ADRs: Why the “Law of One Price” does not hold for US equity issuing ADRs from restricted countries. The example of Latin America.

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Jonatan Forsberg; Georgios Monokandylos; [2006]
    Nyckelord :ADR; American Depository Receipt; Violation of the Law of One Price; Latin America;

    Sammanfattning : In this paper we study the market anomaly of price divergence between the ADRs issued from Latin America on the US market and their corresponding domestic securities. Our sample comprises from 107 listed ADRs having one of the Latin American countries as home country. LÄS MER