IIMA Institutional Repository
This Institutional Repository has been created to collect, preserve and distribute the scholarly output of Indian Institute of Management, Ahmedabad. This will work as an important tool to facilitate scholarly communication and preserve the institution knowledge. The Vikram Sarabhai Library is proud to be hosting the repository for the dissemination and preservation of this valuable knowledge resource of the IIMA community.
Please use this identifier to cite or link to this item:
http://hdl.handle.net/11718/23998| Title: | Pricing efficiency of American depository receipts |
| Authors: | Rastogi, Nikhil Talwar, Taraana |
| Keywords: | Price efficiency;American depository receipts;Negotiable instruments |
| Issue Date: | 2019 |
| Publisher: | Indian Institute of Management Ahmedabad |
| Abstract: | American Depositary Receipts (ADR) are negotiable instruments that are issued by a bank in the USA and, signify several shares in a foreign company (Say, India) that are traded in US stock markets. Dividends are paid out in US dollars and trade like other stocks in the stock market. Stocks of foreign companies can be purchased in bulk and reissued in the US Market. ADRs are listed on the NYSE, NASDAQ, AMEX and, could be sold over the counter. |
| URI: | http://hdl.handle.net/11718/23998 |
| Appears in Collections: | Student Projects |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| SP_2541.pdf Restricted Access | 1.51 MB | Adobe PDF | View/Open Request a copy |
Items in IIMA Institutional Repository are protected by copyright, with all rights reserved, unless otherwise indicated.