One of the strongest arguments against cross-border listing of a stock would be that it can sometimes be very costly to meet the disclosure and listing requirements imposed by the authorities exchange and regulatory bodies. authorities of the country in which the cross-border transfer is recorded. This can be seen here in the United States. Many foreign companies choose not to cross-list in the United States due to the SEC and rules and regulations imposed on stocks listed on the NYSE. The second major argument against cross-listing a stock would be that once a company's shares are made available to foreigners, foreigners could acquire a majority stake and challenge domestic control of the company. In fact, because of this fear, some governments, both in developed and developing countries, have imposed restrictions on the maximum percentage of foreign ownership in local companies. Some examples would be India, Mexico and Thailand, where foreigners are only allowed to own up to 49 percent of the outstanding shares of a local company.2. To start with market segmentation: if it...