Writer’s choice
These are a great way for investors to buy shares in a foreign company while receiving dividends and capital gains in their home currency. In our discussion of the different types of ADRs, we will understand the regulatory hurdles that foreign firms must overcome when listing abroad.
Global Financing Choices: American Depositary Receipts (ADR)
Optional Reading:
The Bank of New York Mellon is a great source for information about depository receipts. “DR Basics and Benefits” Mellon Bank ADR Basics
Questions to Guide Your Case Preparation:
1. What problem is the company facing?
2. What are its most potential sources of financing?
5. What financing strategy would you propose?