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dc.contributor.authorBickford, Rachel
dc.creatorBickford, Rachelen_US
dc.date.accessioned2012-09-13T17:59:32Z
dc.date.available2012-09-13T17:59:32Z
dc.date.issued2012-05
dc.identifier.citationBickford, Rachel. (2012). The Effects of UNsponsored ADR's on Foreign Firms and the Possible Motivation for their Creation (Bachelor's thesis, University of Arizona, Tucson, USA).
dc.identifier.urihttp://hdl.handle.net/10150/243891
dc.description.abstractThis paper will examine the possible consequences of unsponsored ADR’s on the foreign firm as a result of the 2008 amendment to rule 12-3g of the securities act. It discusses the background of ADR’s, the details of the new enactment, and each of the possible negative consequences to the firm. In addition, it examines the reasons for creating an unsponsored ADR, and what types of firms or markets may be chosen by U.S. investors or financial institutions. This included collecting data from MHCI and the Bank of New York website, and then running a series of regressions to find significant differences between subsets divided on different factors.
dc.language.isoenen_US
dc.publisherThe University of Arizona.en_US
dc.rightsCopyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author.en_US
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/
dc.titleThe Effects of UNsponsored ADR's on Foreign Firms and the Possible Motivation for their Creationen_US
dc.typetexten_US
dc.typeElectronic Thesisen_US
thesis.degree.grantorUniversity of Arizonaen_US
thesis.degree.levelbachelorsen_US
thesis.degree.disciplineHonors Collegeen_US
thesis.degree.disciplineFinanceen_US
thesis.degree.nameB.S.en_US
refterms.dateFOA2018-07-13T02:40:07Z
html.description.abstractThis paper will examine the possible consequences of unsponsored ADR’s on the foreign firm as a result of the 2008 amendment to rule 12-3g of the securities act. It discusses the background of ADR’s, the details of the new enactment, and each of the possible negative consequences to the firm. In addition, it examines the reasons for creating an unsponsored ADR, and what types of firms or markets may be chosen by U.S. investors or financial institutions. This included collecting data from MHCI and the Bank of New York website, and then running a series of regressions to find significant differences between subsets divided on different factors.


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