Another school of thought about the worldwide trend toward fuller and more standardized disclosure rules is that the cost of U.S.level equity capital disclosure:

Question

Quizplus · Accepted Answer

The statement in the question suggests that there is another school of thought that believes the trend toward fuller and more standardized disclosure rules has negative consequences. The three options provided in the question - (A) chases away potential listers of equity, (B) is an onerous costly burden, and (C) leads to fewer foreign firms cross-listing in U.S. equity markets - all reflect possible negative consequences that this school of thought sees associated with the cost of U.S. level equity capital disclosure. Therefore, the best choice is D - all of the above.

Another School of Thought About the Worldwide Trend Toward Fuller