Buying on Margin and Short Selling in an Artificial Double Auction Market
Sign Up to like & getrecommendations! Published in 2017 at "Computational Economics"
DOI: 10.1007/s10614-017-9722-4
Abstract: Leverage trading, which consists of short selling and buying on margin, has been introduced into stock markets in many countries, including China. Ever since, there have been heated debates on how leverage trading influences financial… read more here.
Keywords: leverage trading; short selling; buying margin; market ... See more keywords
Short selling and the rounding of analysts’ forecasts
Sign Up to like & getrecommendations! Published in 2017 at "Finance Research Letters"
DOI: 10.1016/j.frl.2017.10.001
Abstract: Abstract This paper examines the causal effect of short selling on analyst forecast precision by exploiting a regulatory change in short-sale constraints (Regulation SHO) as a natural experiment. I find that short selling increases analysts’… read more here.
Keywords: selling rounding; finance; analysts forecasts; rounding analysts ... See more keywords
Optimal investment of DC pension plan under short-selling constraints and portfolio insurance
Sign Up to like & getrecommendations! Published in 2019 at "Insurance: Mathematics and Economics"
DOI: 10.1016/j.insmatheco.2018.12.005
Abstract: Abstract In this paper we investigate an optimal investment problem under short-selling and portfolio insurance constraints faced by a defined contribution pension fund manager who is loss averse. The financial market consists of a cash… read more here.
Keywords: short selling; optimal investment; insurance; portfolio insurance ... See more keywords
Are All Insiders on the Inside? Evidence from the Initiation of CDS Trading and Short Selling in the Financial Sector
Sign Up to like & getrecommendations! Published in 2017 at "Journal of International Financial Markets, Institutions and Money"
DOI: 10.1016/j.intfin.2017.05.003
Abstract: We examine the impact of CDS trading and the lifting of short sales restrictions on the profitability of reported insider trades within US financial firms. We find evidence that executive directors possess significant insider knowledge… read more here.
Keywords: initiation cds; executive directors; cds trading; evidence ... See more keywords
Third-Party Consequences of Short-Selling Threats: The Case of Auditor Behavior
Sign Up to like & getrecommendations! Published in 2017 at "Journal of Accounting and Economics"
DOI: 10.1016/j.jacceco.2016.09.006
Abstract: This study examines how short-selling threats affect auditors. During 2005–2007, the SEC ordered a pilot program in which one-third of the Russell 3000 index firms were arbitrarily chosen to be exempted from short-sale price tests.… read more here.
Keywords: party consequences; third party; short selling; selling threats ... See more keywords
Short selling constraints and politically motivated negative information suppression
Sign Up to like & getrecommendations! Published in 2021 at "Journal of Corporate Finance"
DOI: 10.1016/j.jcorpfin.2021.101943
Abstract: Abstract This study examines the effect of short selling constraints on politically motivated suppression of negative information. We use a unique setting in China, in which there are multiple exogenous changes in short selling constraints… read more here.
Keywords: short selling; negative information; selling constraints; suppression ... See more keywords
Short-selling restrictions and firms’ environment responsibility
Sign Up to like & getrecommendations! Published in 2020 at "Research in International Business and Finance"
DOI: 10.1016/j.ribaf.2020.101295
Abstract: Abstract We examine the effect of short selling on firms’ environmental pollution control behavior. Using novel data from Chinese listed firms, we demonstrate that when the short selling of stocks is permitted, the respective firms… read more here.
Keywords: pollution protection; selling restrictions; short selling; selling ... See more keywords
Don’t Touch My Cheese: Short Selling Pressure, Executive Compensation Justification, and Real Activity Earnings Management
Sign Up to like & getrecommendations! Published in 2018 at "Emerging Markets Finance and Trade"
DOI: 10.1080/1540496x.2018.1501675
Abstract: ABSTRACT This article aims at investigating the effects of short selling on a firm’s executive compensation and earnings management. We use a panel data set of Chinese public firms from 2007 to 2014 to test… read more here.
Keywords: executive compensation; selling; short selling; earnings management ... See more keywords
Portfolio Optimization in Both Long and Short Selling Trading Using Trend Ratios and Quantum-Inspired Evolutionary Algorithms
Sign Up to like & getrecommendations! Published in 2021 at "IEEE Access"
DOI: 10.1109/access.2021.3126652
Abstract: Stock selection is the first problem that investors encounter when investing in the stock market and is paramount. The Sharpe ratio is a common assessment strategy. However, the Sharpe ratio considers an uptrend portfolio high… read more here.
Keywords: portfolio; trend; ratio; short selling ... See more keywords
Predatory Short Sales and Bailouts
Sign Up to like & getrecommendations! Published in 2019 at "German Economic Review"
DOI: 10.1111/geer.12173
Abstract: Abstract This paper extends the literature on predatory short selling and bailouts through a joint analysis of the two. We consider a model with informed short sales, as well as uninformed predatory short sales, which… read more here.
Keywords: short sales; predatory short; short selling; sales bailouts ... See more keywords
The effect of short selling on volatility and jumps
Sign Up to like & getrecommendations! Published in 2021 at "Australian Journal of Management"
DOI: 10.1177/0312896221996416
Abstract: The evidence is mixed regarding the role of short sellers on stock market efficiency, with the majority of studies assessing short selling activities during abnormal market conditions. This study investigates the effect of short selling… read more here.
Keywords: volatility; short selling; market; effect short ... See more keywords