Post by belchingthealphabet on Feb 2, 2023 11:48:37 GMT
Just ran into this.
Unlike U.S.-based companies, foreign issuers are exempt from the requirement to have a board with a majority of independent directors. An audit committee is the only type of committee that foreign companies are required to have. U.S. companies listing on the NYSE or NASDAQ must have a compensation committee.
Additionally, for preparing financial reports, foreign issuers are allowed to choose between two accounting standards. They are the International Financing Reporting Standards (IFRS) and the U.S. Generally Accepted Accounting Principles (GAAP). U.S. companies must use U.S. GAAP.
...Just when you thought it was safe.
carpenterwellington.com/post/foreign-company-listings-stock-exchanges-us/
Of course there are a big bunch of reputable, profitable foreign companies available on US exchanges. Perhaps most are available as ADRs? At this stage of the game for me, I'm sticking with developed countries.
************
Japanese: I had to do some serious hunting to turn up this one. Maybe it looks as good to the rest of you as it does to me?
simplywall.st/stocks/us/automobiles/otc-isuz.y/isuzu-motors
www.morningstar.com/stocks/pinx/isuzy/quote
www.barrons.com/market-data/stocks/isuzy/research-ratings?mod=quotes#subnav
Unlike U.S.-based companies, foreign issuers are exempt from the requirement to have a board with a majority of independent directors. An audit committee is the only type of committee that foreign companies are required to have. U.S. companies listing on the NYSE or NASDAQ must have a compensation committee.
Additionally, for preparing financial reports, foreign issuers are allowed to choose between two accounting standards. They are the International Financing Reporting Standards (IFRS) and the U.S. Generally Accepted Accounting Principles (GAAP). U.S. companies must use U.S. GAAP.
...Just when you thought it was safe.
carpenterwellington.com/post/foreign-company-listings-stock-exchanges-us/
Of course there are a big bunch of reputable, profitable foreign companies available on US exchanges. Perhaps most are available as ADRs? At this stage of the game for me, I'm sticking with developed countries.
************
Japanese: I had to do some serious hunting to turn up this one. Maybe it looks as good to the rest of you as it does to me?
simplywall.st/stocks/us/automobiles/otc-isuz.y/isuzu-motors
www.morningstar.com/stocks/pinx/isuzy/quote
www.barrons.com/market-data/stocks/isuzy/research-ratings?mod=quotes#subnav
