Country and Industry-Level Performance of NASDAQ-Listed European and Asia Pacific ADRs
Mark Schaub
International Journal of Economics and Finance, 2018, vol. 10, issue 6, 122-126
Abstract:
This study examines the 3-year performance of NASDAQ-Listed Asia Pacific and European ADRs versus the NASDAQ Index and their respective regional indexes from 1990-2010. Country specific performance results show ADRs from China, Japan and Ireland performed best versus the US and regional benchmarks. Industry-level results show the best industry performers were in the Technology Hardware & Services industry and in Energy companies.
Keywords: American depositary receipts; regional indexes; international diversification; country analysis; industry analysis (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:ibn:ijefaa:v:10:y:2018:i:6:p:122-126
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