Building Corporate Reputation: Taking Ownership of Unsponsored Depositary Receipts

Oxford Metrica, a global independent strategic advisor, has been studying and monitoring the Depositary Receipt market for more than a decade. In the last year or so, DR programmes for more than 800 companies have been established by depositary banks to meet investor demand for these securities. Many of the DR programmes have been created without the active participation of company management. This briefing sets out how the situation has arisen, and what you can do about it in the best interests of your shareholders. We provide evidence of the reputational benefits of management taking an active role in the process.

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© 2016 The Bank of New York Mellon Corporation. Depositary Receipt business and services are conducted through The Bank of New York Mellon.