Answers are grounded in this paper and cite their sources.
Explores the relationship between stock exchange listings and firm value, highlighting implications for market efficiency.
Gary C. Sanger, John J. McConnell, Stock Exchange Listings, Firm Value, and Security Market Efficiency: The Impact of NASDAQ, The Journal of Financial and Quantitative Analysis, Vol. 21, No. 1 (Mar., 1986), pp. 1-25
No takes yet. Share an insight, caveat, or question.
Sanger et al. (1986) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: