Many companies have cross listed their stock on multiple international stock exchanges and more than several hundred foreign companies have listed their shares on the New York Stock Exchange. What is the significance of cross listing for companies?
1) It allows companies to access a larger pool of investors and increase liquidity.
2) It helps companies avoid regulatory requirements in their home country.
3) It reduces the risk of currency fluctuations for companies.
4) It allows companies to avoid paying taxes in their home country.