"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
The Spring 2019 Women in Business Leadership Panel and Networking Event featured Dallas/Fort Worth's top female leaders and executives. Leaders in their fields joined University of Dallas students, faculty and alumni for lunch and discussion. They shared insights and tips for living both halves of their lives: the work/life integration.
+ Read MoreOn Feb. 25 and 26, seven UD students traveled to Austin with Director of Undergraduate Admissions and Enrollment Michael Probus, BA '12 MBA '15, to advocate for continuing and/or increasing Tuition Equalization Grant (TEG) money.
+ Read MoreMike Kiegerl's youngest daughter, Christine, would have graduated from UD in the Class of 1994, but just before her graduation, she was struck by an impaired truck driver and died instantly. Kiegerl and his wife, Peggy, established the Christine S. Kiegerl Memorial Scholarship in their girl's memory in 1997.
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