Why Would a Company Want Its Stock Cross-Listed on the Stock

question 46

Multiple Choice

Why would a company want its stock cross-listed on the stock exchanges of several countries?

• A) To make financial reporting less burdensome for its accounting firm
• B) In order to use International Financial Reporting Standards
• C) To gain access to more financial resources than are available in its home country
• D) All of the above

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Definitions:

Business Trust

A form of business organization managed by trustees for the benefit of its beneficiaries, offering benefits like reduced taxation and liability protection.

Limited Liability Company

A company formation that merges the direct tax obligations of a partnership or a sole proprietorship with the protection against personal liability offered by a corporation.

Ease of Formation

The relative simplicity and lack of complication in legally establishing a new business or company.

General Partnership

A business arrangement where two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Agreement.