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Question 1 o/1 pts Which of the following statements is FALSE? European firms represent the largest contingent of foreign listings on U.S. exchanges Foreign listing

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Question 1 o/1 pts Which of the following statements is FALSE? European firms represent the largest contingent of foreign listings on U.S. exchanges Foreign listing allows a firm's stock to become part of the global portfolio While a cross-border listing can signal better protection of shareholders' interests and a greater commitment to transparency, this transparency has a cost in management time and comes with greater risk of shareholder lawsuits and regulatory scrutiny American Depository Receipt (ADR) is a negotiable U.S. certificate representing ownership of shares in a non-U.S.corporation A non-us.firm's willingness to comply with U.S. disclosure requirements and securities regulations signals its quality and provides better protection of shareholders interests

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