Law of One Price - A Chronicle of Dually Listed Indian Stocks

Law of one price continues to be a central tenet of Financial Economics. This book is devoted towards examining law of one price in the context of dually-listed shares of Indian companies.

Put simply, this book delves on the relationship between the prices of domestic shares issued by Indian companies and the prices of foreign shares issued by the same companies. It also examines the evolving uncertainty in relationships between such dually-listed shares issued by Indian companies. It draws upon the insights that we garnered over the years while working on technical papers in this area.

The book, thus, undertakes concerted efforts to present facts in a manner that sensitise and meaningfully inform readers of the prevalent breadth and depth of dual-listing (cross-listing) landscape globally and more so, locally (India).

List of contents

List of Figures
List of Tables
Preface
Acknowledgments
1. Introduction
2. Depository Receipts: Global Trends and the Indian Story
3. Is the World Flat?: Domestic Share Prices vis-à-vis the prices of their Depositary Receipts
4. Conclusion
References
Index

About the author

Vinodh Madhavan; Ahmedabad University, Ahmedabad, India
Partha Ray; National Institute of Bank Management, Pune, India

Summary

Law of one price continues to be a central tenet of Financial Economics. This book is devoted towards examining law of one price in the context of dually-listed shares of Indian companies.

Product details

• Authors: Vinodh Madhavan, Vinodh Ray Madhavan, Partha Ray, Ray Partha
• Publisher: Taylor & Francis Ltd.
• Languages: English
• Product format: Hardback
• Released: 01.02.2023
• EAN: 9781032457819
• ISBN: 978-1-0-3245781-9
• No. of pages: 94
• Series: Routledge Focus on Management and Society
• Subjects: Natural sciences, medicine, IT, technology > Geosciences > Geography; Non-fiction book > Politics, society, business > Politics; Social sciences, law, business > Business > Business administration; Business & Economics / General, BUSINESS & ECONOMICS / Accounting / General, BUSINESS & ECONOMICS / Banks & Banking, BUSINESS & ECONOMICS / Corporate Finance / General, BUSINESS & ECONOMICS / Accounting / Financial, BUSINESS & ECONOMICS / Finance / Wealth Management, India, business strategy, Management & management techniques, Management accounting & bookkeeping, Investment and securities, Management and management techniques, Stocks & Shares, Management accounting, bookkeeping and auditing