We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
MEXICAN ADRs IN THE 90s: AS GOOD AS EXPECTED?
- Authors
Boye, François
- Abstract
In the 90s, Mexican firms issued more than ever American Depository Receipts (ADRs), i.e, certificates of Mexican stocks, traded in U.S. markets and managed by U.S. depositories. This paper is about testing the top Mexican firms' ADR for ability to: a) replicate the ups and downs of U.S. markets; b) outperform their U.S. peers; c) be an opportunity for diversification away from their U.S. peers. This paper's finding is that only Telmex's ADR passes the tests a), b) and c).
- Subjects
UNITED States; AMERICAN depository receipts; STOCKS (Finance); TELEFONOS de Mexico SAB de CV; BANK deposits
- Publication
Economic Analysis Review / Revista de Análisis Económico, 2007, Vol 22, Issue 1, p93
- ISSN
0716-5927
- Publication type
Article