Another School of Thought About the Worldwide Trend Toward Fuller

question 21

Multiple Choice

Another school of thought about the worldwide trend toward fuller and more standardized disclosure rules is that the cost of U.S.level equity capital disclosure:

• A) chases away potential listers of equity.
• B) is an onerous costly burden.
• C) leads to fewer foreign firms cross listing in U.S. equity markets.
• D) all of the above

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Definitions:

Political Risk Insurance

A type of insurance that provides financial protection to investors, firms, and projects from losses due to political events or actions in a given country.

Force Majeure Clause

A contract provision that frees parties from liability or obligation when an extraordinary event or circumstance beyond their control occurs.

Commercial Arbitration

A form of arbitration to resolve business disputes outside the courts, where the parties involved appoint an arbitrator(s).