... size Foreign IPO Resource dependence Stewardship Delisting An increasing number of foreign ventures choose US stock exchanges for their initial public offerings (IPOs) rather than exchanges in their home capital markets (Doidge et al., 2004) because they believe that joining...

..., especially as the Security Exchange Commission requires firms to identify their audit committee financial experts. Design/methodology/approach Based on two theories, the resource dependence theory and agency theory, the study examines the association of audit committee experts with financial...