{"id":"https://openalex.org/W2139285061","doi":"https://doi.org/10.2139/ssrn.890308","title":"Where is the Market? Evidence from Cross-Listings in the U.S.","display_name":"Where is the Market? Evidence from Cross-Listings in the U.S.","publication_year":2006,"publication_date":"2006-01-01","ids":{"openalex":"https://openalex.org/W2139285061","doi":"https://doi.org/10.2139/ssrn.890308","mag":"2139285061"},"language":"en","primary_location":{"id":"doi:10.2139/ssrn.890308","doi":"https://doi.org/10.2139/ssrn.890308","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.890308","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"volume":null,"type":"preprint","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.890308","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5039427134","display_name":"Michael Halling","orcid":"https://orcid.org/0000-0003-0922-3318","observed_orcids":["https://orcid.org/0000-0003-0922-3318"]},"institutions":[{"id":"https://openalex.org/I186903577","display_name":"University of Luxembourg","ror":"https://ror.org/036x5ad56","country_code":"LU","type":"education","lineage":["https://openalex.org/I186903577"]}],"countries":["LU"],"is_corresponding":true,"raw_author_name":"Michael Halling","raw_affiliation_strings":["University of Luxembourg, L-1511 Luxembourg, Luxembourg","University of Luxembourg"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Luxembourg, L-1511 Luxembourg, Luxembourg","institution_ids":["https://openalex.org/I186903577"]},{"raw_affiliation_string":"University of Luxembourg","institution_ids":["https://openalex.org/I186903577"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5072985012","display_name":"Marco Pagano","orcid":"https://orcid.org/0000-0002-0709-6119","observed_orcids":["https://orcid.org/0000-0002-0709-6119","https://orcid.org/0009-0006-9705-0590"]},"institutions":[{"id":"https://openalex.org/I154032705","display_name":"Einaudi Institute for Economics and Finance","ror":"https://ror.org/04e874t64","country_code":"IT","type":"facility","lineage":["https://openalex.org/I154032705"]},{"id":"https://openalex.org/I4210136188","display_name":"European Corporate Governance Institute","ror":"https://ror.org/04egehb02","country_code":"BE","type":"nonprofit","lineage":["https://openalex.org/I4210136188"]},{"id":"https://openalex.org/I4210140326","display_name":"Centre for Economic Policy Research","ror":"https://ror.org/04jzmdh37","country_code":"GB","type":"nonprofit","lineage":["https://openalex.org/I4210140326"]},{"id":"https://openalex.org/I4210156264","display_name":"Centre for Studies in Economics and Finance","ror":"https://ror.org/052414247","country_code":"IT","type":"facility","lineage":["https://openalex.org/I4210156264"]},{"id":"https://openalex.org/I71267560","display_name":"University of Naples Federico II","ror":"https://ror.org/05290cv24","country_code":"IT","type":"education","lineage":["https://openalex.org/I71267560"]},{"id":"https://openalex.org/I77432436","display_name":"Research Institute of Industrial Economics","ror":"https://ror.org/0311gd774","country_code":"SE","type":"nonprofit","lineage":["https://openalex.org/I77432436"]}],"countries":["BE","GB","IT","SE"],"is_corresponding":false,"raw_author_name":"Marco Pagano","raw_affiliation_strings":["CSEF - University of Naples Federico II - Centre for Studies in Economics and Finance (CSEF), Via Cintia, Complesso Monte S. Angelo, Naples, Naples 80126, Italy","Centre for Economic Policy Research (CEPR), London, United Kingdom","Einaudi Institute for Economics and Finance (EIEF), Via Sallustiana, 62, Rome, 00187, Italy","European Corporate Governance Institute (ECGI), c/o the Royal Academies of Belgium, Rue Ducale 1 Hertogsstraat, 1000 Brussels, Belgium","Research Institute of Industrial Economics (IFN), Box 55665, Grevgatan 34, 2nd floor, Stockholm, SE-102 15, Sweden","CSEF - University of Naples Federico II - Centre for Studies in Economics and Finance (CSEF)","Centre for Economic Policy Research (CEPR)","Einaudi Institute for Economics and Finance (EIEF)","European Corporate Governance Institute (ECGI)","Research Institute of Industrial Economics (IFN)"],"raw_orcid":"https://orcid.org/0000-0002-0709-6119","affiliations":[{"raw_affiliation_string":"CSEF - University of Naples Federico II - Centre for Studies in Economics and Finance (CSEF), Via Cintia, Complesso Monte S. Angelo, Naples, Naples 80126, Italy","institution_ids":["https://openalex.org/I4210156264","https://openalex.org/I71267560"]},{"raw_affiliation_string":"Centre for Economic Policy Research (CEPR), London, United Kingdom","institution_ids":["https://openalex.org/I4210140326"]},{"raw_affiliation_string":"Einaudi Institute for Economics and Finance (EIEF), Via Sallustiana, 62, Rome, 00187, Italy","institution_ids":["https://openalex.org/I154032705"]},{"raw_affiliation_string":"European Corporate Governance Institute (ECGI), c/o the Royal Academies of Belgium, Rue Ducale 1 Hertogsstraat, 1000 Brussels, Belgium","institution_ids":["https://openalex.org/I4210136188"]},{"raw_affiliation_string":"Research Institute of Industrial Economics (IFN), Box 55665, Grevgatan 34, 2nd floor, Stockholm, SE-102 15, Sweden","institution_ids":["https://openalex.org/I77432436"]},{"raw_affiliation_string":"CSEF - University of Naples Federico II - Centre for Studies in Economics and Finance (CSEF)","institution_ids":["https://openalex.org/I4210156264","https://openalex.org/I71267560"]},{"raw_affiliation_string":"Centre for Economic Policy Research (CEPR)","institution_ids":["https://openalex.org/I4210140326"]},{"raw_affiliation_string":"Einaudi Institute for Economics and Finance (EIEF)","institution_ids":["https://openalex.org/I154032705"]},{"raw_affiliation_string":"European Corporate Governance Institute (ECGI)","institution_ids":["https://openalex.org/I4210136188"]},{"raw_affiliation_string":"Research Institute of Industrial Economics (IFN)","institution_ids":["https://openalex.org/I77432436"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5037502353","display_name":"Otto Randl","orcid":"https://orcid.org/0000-0002-0567-2223","observed_orcids":["https://orcid.org/0000-0002-0567-2223"]},"institutions":[{"id":"https://openalex.org/I102248843","display_name":"Vienna University of Economics and Business","ror":"https://ror.org/03yn8s215","country_code":"AT","type":"education","lineage":["https://openalex.org/I102248843"]}],"countries":["AT"],"is_corresponding":false,"raw_author_name":"Otto Randl","raw_affiliation_strings":["Vienna University of Economics and Business, Welthandelsplatz 1, Vienna, Wien 1020, Austria","Vienna University of Economics and Business"],"raw_orcid":"https://orcid.org/0000-0002-0567-2223","affiliations":[{"raw_affiliation_string":"Vienna University of Economics and Business, Welthandelsplatz 1, Vienna, Wien 1020, Austria","institution_ids":["https://openalex.org/I102248843"]},{"raw_affiliation_string":"Vienna University of Economics and Business","institution_ids":["https://openalex.org/I102248843"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5072220755","display_name":"Josef Zechner B","orcid":"https://orcid.org/0000-0002-3357-0208","observed_orcids":["https://orcid.org/0000-0002-3357-0208"]},"institutions":[{"id":"https://openalex.org/I102248843","display_name":"Vienna University of Economics and Business","ror":"https://ror.org/03yn8s215","country_code":"AT","type":"education","lineage":["https://openalex.org/I102248843"]}],"countries":["AT"],"is_corresponding":false,"raw_author_name":"Josef Zechner","raw_affiliation_strings":["Vienna University of Economics and Business, Welthandelsplatz 1, Vienna, Wien A-1019, Austria","Vienna University of Economics and Business"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Vienna University of Economics and Business, Welthandelsplatz 1, Vienna, Wien A-1019, Austria","institution_ids":["https://openalex.org/I102248843"]},{"raw_affiliation_string":"Vienna University of Economics and Business","institution_ids":["https://openalex.org/I102248843"]}]}],"institutions":[],"countries_distinct_count":6,"institutions_distinct_count":8,"corresponding_author_ids":["https://openalex.org/A5039427134"],"corresponding_institution_ids":["https://openalex.org/I186903577"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":25,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9609000086784363,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9609000086784363,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.02590000070631504,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14317","display_name":"Finance, Markets, and Regulation","score":0.004600000102072954,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/cross-listing","display_name":"cross-listing","score":0.8799999952316284},{"id":"https://openalex.org/keywords/dual-listing","display_name":"dual listing","score":0.7699999809265137},{"id":"https://openalex.org/keywords/trading-volume","display_name":"trading volume","score":0.7870000004768372},{"id":"https://openalex.org/keywords/market-coexistence","display_name":"market coexistence","score":0.46299999952316284},{"id":"https://openalex.org/keywords/foreign-market-development","display_name":"foreign market development","score":0.39399999380111694},{"id":"https://openalex.org/keywords/financial-development","display_name":"financial development","score":0.9179999828338623},{"id":"https://openalex.org/keywords/firm-size","display_name":"firm size","score":0.6639999747276306},{"id":"https://openalex.org/keywords/stock-market-volatility","display_name":"stock market volatility","score":0.718999981880188},{"id":"https://openalex.org/keywords/high-tech-firms","display_name":"high-tech enterprises","score":0.8700000047683716},{"id":"https://openalex.org/keywords/emerging-market-firms","display_name":"emerging market firms","score":0.6790000200271606}],"concepts":[{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3675684332847595},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.33188778162002563}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.2139/ssrn.890308","doi":"https://doi.org/10.2139/ssrn.890308","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.890308","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},{"id":"pmh:oai:RePEc:sef:csefwp:129","doi":null,"is_oa":true,"landing_page_url":"http://www.csef.it/WP/wp129.pdf","pdf_url":"http://www.csef.it/WP/wp129.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"mag:3122224611","doi":null,"is_oa":false,"landing_page_url":"https://www.hec.edu/var/fre/storage/original/application/a2f8596d209b1117c81fa7561e679e98.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null}],"best_oa_location":{"id":"doi:10.2139/ssrn.890308","doi":"https://doi.org/10.2139/ssrn.890308","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.890308","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[{"id":"https://openalex.org/F4320322651","display_name":"Consiglio Nazionale delle Ricerche","ror":"https://ror.org/04zaypm56"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":57,"referenced_works":["https://openalex.org/W204364371","https://openalex.org/W1495656322","https://openalex.org/W1574022701","https://openalex.org/W1579198418","https://openalex.org/W1619787817","https://openalex.org/W1966398046","https://openalex.org/W1968879139","https://openalex.org/W1969519191","https://openalex.org/W1971309673","https://openalex.org/W1984743680","https://openalex.org/W1985558404","https://openalex.org/W1994874309","https://openalex.org/W1999918735","https://openalex.org/W2043800282","https://openalex.org/W2047521086","https://openalex.org/W2053480830","https://openalex.org/W2067402622","https://openalex.org/W2069324329","https://openalex.org/W2074616142","https://openalex.org/W2075233852","https://openalex.org/W2082471173","https://openalex.org/W2099216342","https://openalex.org/W2113069323","https://openalex.org/W2118600904","https://openalex.org/W2120739669","https://openalex.org/W2121029606","https://openalex.org/W2134710236","https://openalex.org/W2141807369","https://openalex.org/W2146246112","https://openalex.org/W2146456138","https://openalex.org/W2150996390","https://openalex.org/W2152171967","https://openalex.org/W2155369257","https://openalex.org/W2155635418","https://openalex.org/W2157495061","https://openalex.org/W2158033029","https://openalex.org/W2160781897","https://openalex.org/W2165010140","https://openalex.org/W2171168084","https://openalex.org/W3023582314","https://openalex.org/W3121183069","https://openalex.org/W3121279693","https://openalex.org/W3121471642","https://openalex.org/W3121693921","https://openalex.org/W3121731794","https://openalex.org/W3122594041","https://openalex.org/W3122891861","https://openalex.org/W3123010456","https://openalex.org/W3123071926","https://openalex.org/W3123342473","https://openalex.org/W3123496273","https://openalex.org/W3123556084","https://openalex.org/W3124296977","https://openalex.org/W3124447204","https://openalex.org/W3124935978","https://openalex.org/W3125753879","https://openalex.org/W3126090104"],"related_works":["https://openalex.org/W3123070042","https://openalex.org/W3124842695","https://openalex.org/W2222241538","https://openalex.org/W2046464999","https://openalex.org/W2031950957","https://openalex.org/W4229623040","https://openalex.org/W2058357344","https://openalex.org/W4253499152","https://openalex.org/W2146246112","https://openalex.org/W1568422420"],"abstract_inverted_index":null,"counts_by_year":[{"year":2017,"cited_by_count":1},{"year":2016,"cited_by_count":1},{"year":2014,"cited_by_count":3},{"year":2012,"cited_by_count":3}],"updated_date":"2026-11-03T10:50:19.383937","created_date":"2016-06-24T00:00:00"}
