Country and Industry-Level Performance of NASDAQ-Listed European and Asia Pacific ADRs
- Mark Schaub
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.- Full Text:
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- DOI:10.5539/ijef.v10n6p122
This work is licensed under a Creative Commons Attribution 4.0 License.
- ISSN(Print): 1916-971X
- ISSN(Online): 1916-9728
- Started: 2009
- Frequency: monthly
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