Interested to Buy Any Domain ? << Click Here >> for more details...
what is ADR
- 5 Answers
- 14633 Views
- FactSet Systems, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / nirupama
ADR IS AMERICAN DEPOSITORY RECEIPTS.it repesents the
ownership in the shares of the foreing company trading on
US financial markets.
| Is This Answer Correct ? | 27 Yes | 3 No |
Answer / harishchandra sharma
An American Depositary Receipt (or ADR) represents the
ownership in the shares of a foreign company trading on US
financial markets. The stock of many non-US companies
trades on US exchanges through the use of ADRs. ADRs enable
US investors to buy shares in foreign companies without
undertaking cross-border transactions. ADRs carry prices in
US dollars, pay dividends in US dollars, and can be traded
like the shares of US-based companies.
Each ADR is issued by a US depositary bank and can
represent a fraction of a share, a single share, or
multiple shares of foreign stock. An owner of an ADR has
the right to obtain the foreign stock it represents, but US
investors usually find it more convenient simply to own the
ADR. The price of an ADR is often close to the price of the
foreign stock in its home market, adjusted for the ratio of
ADRs to foreign company shares. In the case of companies
incorporated in the United Kingdom, creation of ADRs
attracts a 1.5% stamp duty reserve tax (SDRT) charge by the
UK government.
Depositary banks have numerous responsibilities to an ADR
holder and to the non-US company the ADR represents. The
first ADR was introduced by JPMorgan in 1927, for the
British retailer Selfridges&Co. There are currently four
major commercial banks that provide depositary bank
services - JPMorgan, Citibank, Deutsche Bank and the Bank
of New York Mellon.
Individual shares of a foreign corporation represented by
an ADR are called American Depositary Shares (ADS).
| Is This Answer Correct ? | 15 Yes | 2 No |
Answer / khayamuddin
1) A negotiable certificate issued by a U.S. bank
representing a specified number of shares (or one share)
in a foreign stock that is traded on a U.S. exchange. ADRs
are denominated in U.S. dollars, with the underlying
security held by a U.S. financial institution overseas.
ADRs help to reduce administration and duty costs that
would otherwise be levied on each transaction
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / subhash bandi ku
An American Depositary Receipt or ADR is a negotiable
instrument that represents ownership in securities of a non-
U.S. company; it is a mechanism that facilitates U.S.
trading of non-U.S. securities. ADRs provide U.S. investors
with a convenient way to invest in overseas securities.
| Is This Answer Correct ? | 6 Yes | 4 No |
Expand---------STRP
Expand L T A
defination of letter of credit
What is meant by sensex?
Supposed we raised the Bill to the party last year. Next year party refused to pay the bill. Now I want write off the ledger of that party. How i make journal entry?
what is an intengible Assets ? 1. cash 2. building 3. goodwill 4. stock.
What is the important of cash in a business unit
Accounting Standards in India are issued by whom
Where will you show the EXCHANGE RATE RESERVES in final accounts....???
Whats the Balnace of Closing stock so if we issued the materil then the Closing stick will be dr and in case we pirchsed the materil the closing stock will be cr so tell me that i m correct or not
I KNOW THAT INSURANCE CHARGES ON PURCHASE OF VEHILE (LIGHT/HEAVY VEHICLES)HAS BEEN CAPITALISED OR NOT.?
What is suspense a/c in balance ?
Audit 
