Law of One Price: A Chronicle of Dually Listed Indian Stocks

The law of one price states that the price of an asset should be the same across all markets. This book examines the relationship between the prices of domestic shares issued by Indian companies and the prices of foreign shares issued by the same companies, and the evolving uncertainty in these relationships. It draws upon insights gained from working on technical papers in the area and aims to present facts that inform readers of the prevalence and depth of dual-listing (cross-listing) landscape globally and locally.

Format: Hardback
Length: 94 pages
Publication date: 16 March 2023
Publisher: Taylor & Francis Ltd

The Law of One Price, a fundamental principle in Financial Economics, remains a central focus of this comprehensive book. Its dedication is to exploring the intricacies of the Law of One Price within the context of dually-listed shares of Indian companies. In essence, this book delves into the interconnectedness between the prices of domestic shares issued by Indian companies and the prices of foreign shares issued by the same entities. It also examines the evolving dynamics and uncertainties in the relationships between these dually-listed shares issued by Indian companies. Drawing upon the invaluable insights accumulated through years of research and technical papers in this field, the book endeavors to present facts in a manner that fosters awareness and provides meaningful insights into the pervasive scope and depth of dual-listing (cross-listing) landscapes both globally and, particularly, in India.

The book, thus, makes concerted efforts to present facts in a manner that sensitizes and effectively informs readers about the prevailing breadth and depth of dual-listing (cross-listing) landscapes globally, and more so, locally (India).

Weight: 250g
Dimension: 142 x 223 x 17 (mm)
ISBN-13: 9781032457819