The ability to successfully list a foreign firm on a high-profile exchange such as NYSE leads to a higher valuation for that firm as opposed to domestic firms.

Question

Quizplus · Accepted Answer

This is true because being listed on a high-profile exchange such as NYSE increases a foreign firm's visibility and credibility among international investors, which can lead to increased demand for its shares and ultimately result in a higher valuation compared to domestic firms.

The Ability to Successfully List a Foreign Firm on a High-Profile