In today's world sources of capital hah no boundaries. In this competitive world companies are raising capital not only from domestic sources but companies are looking for international souses of funds also. Companies are scouting for capital all over the world and raise capital where it is cheaper. Dues to globalization and increased cross-border capital flows, smaller companies are enjoying the benefits of raising capital in the international market. Cross listing of shares through issuance of depository receipts have become a common occurrence. Investors’ interest for foreign company shares has also increased manifold and internationalization of equity market across globe. The internationalization of equity markets covers FDI, portfolio investment pension funds, hedge funds and private equity funds. This paper focuses on international equity capital and also related with Indian companies rasing capital from the international market.
Cross-listing of shares, Equity market, International equity market, depository receipts
