Abstract
The literature reviews presented in Chapter 3 summarize most of the research on the international cross-listing phenomenon. The chapter begins by reviewing early studies of cross-listing from the perspectives of cross-listing effects on return, risk, volatility, and cost of capital. This follows with an appraisal of the new wave of recent studies in terms of multiple listing, informed trading, cross-listing and corporate governance, and price disparity. Empirical studies of each of the research topics are also discussed.