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Volumn 15, Issue 5, 2005, Pages 469-480

Arbitrage opportunities in the depositary receipts market: Myth or reality?

Author keywords

Arbitrage; Depositary receipts (ADR); Market efficiency

Indexed keywords


EID: 28044450368     PISSN: 10424431     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.intfin.2004.11.001     Document Type: Article
Times cited : (32)

References (13)
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  • 2
    • 0010798257 scopus 로고    scopus 로고
    • Why do markets move together? An investigation of U.S.-Japan stock returns comovements
    • A.G. Karolyi René Stultz Why do markets move together? An investigation of U.S.-Japan stock returns comovements Journal of Finance 51 1996 951-986
    • (1996) Journal of Finance , vol.51 , pp. 951-986
    • Karolyi, A.G.1    Stultz, R.2
  • 4
    • 28044454109 scopus 로고    scopus 로고
    • In Search of international integration: An examination of intradaily North American trading of Canadian dually listed stocks
    • Working Paper. University of Alberta
    • Kaul, A., Mehrotra, V., 2000. In Search of international integration: An examination of intradaily North American trading of Canadian dually listed stocks. Working Paper. University of Alberta.
    • (2000)
    • Kaul, A.1    Mehrotra, V.2
  • 5
    • 0030538862 scopus 로고    scopus 로고
    • UK and U.S. trading of British cross-listed stocks: An intraday analysis of market integration
    • A. Kleidon I. Werner UK and U.S. trading of British cross-listed stocks: an intraday analysis of market integration Review of Financial Studies 9 1996 619-664
    • (1996) Review of Financial Studies , vol.9 , pp. 619-664
    • Kleidon, A.1    Werner, I.2
  • 6
    • 0036164535 scopus 로고    scopus 로고
    • Before and after international cross-listing: An intraday examination of volume and volatility
    • P. Lowengrub M. Melvin Before and after international cross-listing: An intraday examination of volume and volatility Journal of Financial Markets, Institutions and Money 12 2 2002 115-128
    • (2002) Journal of Financial Markets, Institutions and Money , vol.12 , Issue.2 , pp. 115-128
    • Lowengrub, P.1    Melvin, M.2
  • 9
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    • The distribution of global trading in NYSE-Listed Non-U.S. Stocks
    • March NYSE Working Paper
    • Pulatkonak, M., Sofianos, G., 1999. The distribution of global trading in NYSE-Listed Non-U.S. Stocks. NYSE Working Paper. March, vol. 99-03.
    • , vol.99 , Issue.3
    • Pulatkonak, M.1    Sofianos, G.2
  • 10
    • 0002804887 scopus 로고
    • An empirical test of the efficiency of the ADR markets
    • L. Rosenthal An empirical test of the efficiency of the ADR markets Journal of Banking and Finance 7 1983 17-29
    • (1983) Journal of Banking and Finance , vol.7 , pp. 17-29
    • Rosenthal, L.1
  • 12
    • 85016197638 scopus 로고    scopus 로고
    • Enforcing the law of one price: Nonlinear mean reversion in the ADR market
    • Suarez, E.D., 2005. Enforcing the law of one price: Nonlinear mean reversion in the ADR market. Managerial Finance 31 (8).
    • (2005) Managerial Finance , vol.31 , Issue.8
    • Suarez, E.D.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.