Much research confirms this point about higher valuations. A 2015 Federal Reserve paper found companies cross-listing in a more “prestigious” market enjoy “significant valuation gains” over the following five-year period.
Separate research shows companies tend to significantly outperform in the year before listing. CRH shares, up 34 per cent in 2023, are following this pattern. Little wonder the US market is tempting away Irish companies.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม: