I.2.c. Other Means
Instead of performing foreign cross-listings, companies may
decide to list locally one of their foreign subsidiaries. In 1997, Yahoo! made
such decision by listing Yahoo! Japan Corp on the Japanese market JASDAQ.
Another example was the Royal Dutch Shell and its subsidiary Shell Canada
(founded by Shell in 1911 and listed on the Toronto Stock Exchange until
2007).
However, this kind of operation is not considered as
cross-listings and will not be analyzed in this research.
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