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FORUM « The Coase Theorem in action | Richard Epstein on deferred prosecution agreements » November 28, 2006The declining benefits of listing in the US The WSJ reports a study indicating that the premium for a foreign firm's listing in the US has declined significantly after SOX. This could explain why foreign firms have been leaving the US for other capital markets. I discuss the implications of the study for the debate on SOX. Posted by Larry Ribstein at 08:00 AM | TrackBack (0) |
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Published by the Manhattan Institute
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