Asymmetric effect of margin-trading activities on price crashes: evidence from Chinese stock market
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DOI: 10.1080/13504851.2017.1380285
Abstract: ABSTRACT Prior literature on the impact of margin-trading activity on stock price crashes is mixed and does not reach consensus. Using data from a Chinese margin-trading pilot programme initiated in 2010, this article employs both… read more here.
Keywords: price crashes; margin trading; price; stock ... See more keywords
Margin trading shareholder activists
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DOI: 10.1080/13504851.2020.1869163
Abstract: We examine margin trading activists that we define as shareholders that are identified by Schedule 13D filings and state therein that they may use margin borrowings to finance their holdings. We fi... read more here.
Keywords: margin trading; trading shareholder; shareholder activists; finance ... See more keywords
Margin Trading and Volatility: Further Evidence from China’s Stock Market
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DOI: 10.1080/1540496x.2018.1558052
Abstract: ABSTRACT Different methods were implemented for each margin trading policy stage to estimate policy impacts on volatility of China’s stock markets, which include but not limited to VAR model, impulse response function, and ARCH regression… read more here.
Keywords: margin trading; china stock; volatility;
Does Chinese-style margin trading promote the high-quality development of listed companies?
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DOI: 10.1371/journal.pone.0284947
Abstract: Using the margin trading reform of China’s stock market as a quasinatural experiment, this paper explores whether margin trading promotes the high-quality development of listed companies. The results show that total factor productivity (TFP) significantly… read more here.
Keywords: high quality; quality development; listed companies; margin trading ... See more keywords