Which of the following is a reason a company might cross-list itself on a foreign stock exchange?
A)It wants to hedge against currency fluctuations.
B)It is less expensive than listing itself solely on a domestic exchange.
C)It wants to obtain acquisition currency for acquiring a foreign company.
D)It is a means of accomplishing foreign direct investment.

Question

Quizplus · Accepted Answer

Cross-listing on a foreign stock exchange can provide a company with shares that are more easily used as currency for acquisitions in that foreign market.

Which of the Following Is a Reason a Company Might