DMPQ-Critically differentiate between American depository receipts (ADR) and Global depository receipts(GDR).
ADR and GDR are route used by Indian corporate sector used for foreign direct investment.In the absence of convertibility, Indian companies cannot access the global capital market by issuance of shares just as they can be in the domestic market. To enable companies to access global markets, companies can issue shares, but instead of selling … Read more