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Which of the following most accurately describes the reason why cross-border listings, which can help addressing the agency problem for firms headquartered in a country
Which of the following most accurately describes the reason why cross-border listings, which can help addressing the agency problem for firms headquartered in a country where the protection of investor rights are inferior than the U.S. market, also a subject to caution? Group of answer choices Foreign companies that cross-register in the U.S. market may not fully comply with the requirement for an independent board and an internal control mechanism under the Sarbanes-Oxley Act. Foreign companies that
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