Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 3 of 3 for “"security lending"”.
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Essays on Empirical Asset Pricing and Behavioural Finance
… winners too soon. In the third chapter, 'Equity Lending and Stock Returns', we examine the effects of security lending on the US stock markets. Research has shown that the demand side of short-selling activity has significant effects on the stock returns. In this chapter, we focus on the supply …
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Essays on Empirical Asset Pricing and Behavioural Finance
… winners too soon. In the third chapter, 'Equity Lending and Stock Returns', we examine the effects of security lending on the US stock markets. Research has shown that the demand side of short-selling activity has significant effects on the stock returns. In this chapter, we focus on the supply …
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Two essays on institutional investors
… supply for short selling. Using detailed stock lending data, we show that active equity funds, on average, are informed, stock lenders. The stocks they lend outperform those that they do not. The stocks they recall and sell perform worse in the future than those that remain on loan. These funds …