Keywords: ADR
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Journal Articles
International Journal of Managerial Finance (2025) 21 (2): 474–502.
Published: 21 October 2024
... earnings management is lower for US cross-listed firms that adopt IFRS and from high domestic investor protection countries. Our results further show that real earnings management is higher when cross-listed firms use Level 1 American Depository Receipts (ADRs) to cross-list but adopting IFRS and high...

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