"Seeking Capital Abroad: Motivations, Process, and Suggestions for Success"
In the Author's Words
The accelerating pace of global capital market integration in the last two decades
has had a profound impact on the strategies pursued by companies, including their
strategies for accessing capital resources outside of their home markets. Today’s
cross-border capital flows take a variety of forms, including overseas IPOs, foreign
direct investment, cross-border acquisitions, cross listings, and foreign portfolio
investment.
In this article, we discuss the corporate motives and other factors that have contributed to this growth in the international capital-raising activity of companies around the world. Although the U.S. and U.K. exchanges have been the top host markets and continue to capture over half of all foreign listings, we highlight several new stock exchanges that have seen considerable growth in cross-border listings in recent years. But even with all the growth in international capital raising activity, companies often face considerable obstacles in their attempts to source capital outside of their home markets. We discuss the most common of these obstacles and offer a number of suggestions for companies attempting to overcome the liabilities they face as foreign firms in host capital markets.
Bell, G. & Rasheed, A. A. (2016), Seeking Capital Abroad: Motivations, Process, and Suggestions for Success. Journal of Applied Corporate Finance, 28: 104–113.
Faculty Profile: Greg Bell
On Oct. 10-12, 2019, over 3,000 Dallas/Fort Worth area Catholics came together at the Irving Convention Center for the 13th Annual University of Dallas Ministry Conference. The weekend included over 100 conference sessions in English, Spanish and Vietnamese, as well as opportunities for networking with exhibitions from diocesan organizations, publishing companies, authors, speakers and fellow attendees.
+ Read MoreOn Nov. 1, 2019, the Solemnity of All Saints, the University of Dallas inaugurated its ninth and first alumnus president, Thomas S. Hibbs, Ph.D., BA '82 MA '83.
+ Read More"Our department has two fundamental guiding principles: the study of political philosophy and the study of American founding principles," said Richard Dougherty, MA '89 PhD '93, associate professor of politics and director of the politics graduate program. It is this emphasis on American political development combined with the quality of faculty and the rigor of the University of Dallas' politics doctoral program that led the U.S. Department of Education to award UD a $250,405 grant for stipend support for politics doctoral students through its Graduate Assistance in Areas of National Need program.
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