This paper documents several new patterns associated with firms issuing securities in foreign markets that motivate the need for and help guide future research. Besides noting that these international capital raisings grew almost four-fold from 1991 to 2005, accounting for 35 percent of all capital raised through security issuances, the paper has three main findings. First, a large and growing fraction of capital raisings, especially debt issuances...
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INFORMATION
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2008/08/01
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Document de travail de recherche sur les politiques
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WPS4687
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1
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1
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2010/07/01
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Disclosed
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Patterns of international capital raisings
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access to international market