This study examines the firm- and country-level antecedents of the decision to cross-list on a sophisticated stock exchange. The study focuses on the New York Stock Exchange (NYSE) listing decision of foreign firms that meet the NYSE’s stringent listing criteria. The effects of firm and market level factors on the cross-listing decision are examined. The study finds that larger, high-tech, and more internationally oriented firms, and firms from countries geographically closer to the US are more likely to list their securities on the NYSE. Additionally, greater profitability is associated with an increased likelihood of cross-listing for the largest foreign firms.