what is ADRs?

Answer Posted / sridher reddy agraharam

American Depositary Receipt. A negotiable certificate
issued by a U.S. bank representing a specific number of
shares of a foreign stock traded on a U.S. stock exchange.
ADRs make it easier for Americans to invest in foreign
companies, due to the widespread availability of dollar-
denominated price information, lower transaction costs, and
timely dividend distributions.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

I was born on 4th may 1981 iam i eligible to apply for SBI clerical job vacancy

1684


Which entry we pass self entry like cash withdraw for ourself

1156


Is WCT paid to be considered as overhead during costing in construction firm?

1524


how to calculate share values of a company.

1676


interest paid comes under which head

1041






Expand--------SRTA

1526


how to calculate stt

2192


Took goods from the shop for use at home. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

1428


A company acquires new taxi fleets on 1April 2006 with intention to provide services during the World Cup period and thereafter dispose the taxis .The World Cup runs for three months to 30 June 2006.The company's year end is 30 June 2006.how do you account for taxis at initial recognition .

1499


example of SOP

1515


How can i do the entry of of service tax in tally.

1645


Hai i am mathi Preparing for bsrb clerical examinations.If anybody had that please mail me at mathiy@rediffmail.com

1583


3.In TALLY,we used to call tally erp 9.like that,in sap we used to call SAP ECC 6.0.here what is ECC?,i know the abbreviation of ECC.i want to know the role of ECC?

1774


Clasify Loss

1613


What is Acquisition?

2042