Why Do Foreign Firms Leave U.S. Equity Markets?
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This paper investigates Securities and Exchange Commission (SEC) deregistrations by foreign firms from the time the Sarbanes-Oxley Act (SOX) was passed in 2002 through 2008. We test two theories, the bonding theory and the loss of competitiveness theory, to understand why foreign firms leave U.S.
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美国国家经济研究局创建时间:
2008-08-01



