Publications
Publications
- September 2002 (Revised April 2004)
- HBS Case Collection
A Note on Depositary Receipts
Abstract
Provides an introduction to depositary receipts. Recently, these instruments have been used with increasing frequency by firms seeking to list their shares on stock exchanges in other countries, especially in the United States. Describes different types of depositary receipts and comments on their prevalence over time. Also discusses issues that managers need to consider when contemplating the issuance of American Depositary Receipts (ADRs).
Keywords
Citation
Kuemmerle, Walter. "A Note on Depositary Receipts." Harvard Business School Background Note 803-026, September 2002. (Revised April 2004.)