Your Authors Note Several Empirical Studies That Have Found

question 53

Multiple Choice

Your authors note several empirical studies that have found:

• A) no share price effect for foreign firms that cross-list on major U.S. exchanges.
• B) a positive share price effect for foreign firms that cross-list on major U.S. exchanges.
• C) a negative share price effect for foreign firms that cross-list on major U.S. exchanges.
• D) none of the above

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Definitions:

Sydney

A major city in Australia known for its iconic Opera House, Harbour Bridge, and as a leading global city in arts, commerce, education, and tourism.

Proximal Stimulus

The stimulus energies that directly interact with sensory receptors.

Distal Stimulus

An object or event in the outside world that provides the source of information that our sensory receptors respond to, as opposed to the perception (proximal stimulus) of the object or event formed in our minds.

Retina

The light-sensitive layer at the back of the eye that captures images and sends them to the brain via the optic nerve.