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.
Results
Showing 1 to 20 of 34 for “"short-selling"”.
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CORPORATE STRATEGY, EARNINGS MANIPULATION, AND SHORT SELLING
… the factors that leads to earnings manipulation. Short interest ratio is used to indicate how the market perceive and react to company’s earnings manipulation probability. Based on the data from Russell 2000 constituents during 2015 to 2019, my hierarchical regression results indicate that firms …
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A critical analysis of the regulation (of the European Parliament and of the Council) on short selling and certain aspects of credit default swaps
… The reader is then presented with a primer on Shorting and CDSs, the functions of such and what they bring to the market both in terms of economic benefits and associated risks. An assessment of the uses of Shorting and CDSs for hedging, speculation and arbitrage purposes is also provided. An …
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The predictive nature of short interest on market returns and the effect of short selling on volatility, liquidity and price discovery with some international evidence
… countries. This in turn means I look at whether short sellers are informed traders and if there is evidence that short sellers engage in market manipulation. I also look at whether and to what extent short sales affect liquidity, price discovery, volatility and cross-section of stock returns. The …
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Essays on Empirical Asset Pricing and Behavioural Finance
… and Investment Premia: Evidence from the Short-selling Activity', we highlight the different effects of short-selling activity on the profitability and investment premia. We find that the profitability premium disappears among the stocks with high short-selling activity, whereas the …
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Essays on Empirical Asset Pricing and Behavioural Finance
… and Investment Premia: Evidence from the Short-selling Activity', we highlight the different effects of short-selling activity on the profitability and investment premia. We find that the profitability premium disappears among the stocks with high short-selling activity, whereas the …
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Three essays on the impact of information and transparency in firms
… are vieas negative news. Research argues that short sellers are informed investors as current short selling relates inversely with future returns. However, empirical results have yet to determine whether short sellers trade on private information before, say, an upcoming negative new events or …
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Investor Behavior Surrounding Trading Halts: Short Sales, Predation and Contagion Effects
… between exchange-mandated trading halts and short selling activity in the financial markets. In the first essay, the behavior of short sellers is examined surrounding interruptions in trading to determine if informed short sellers alter their trading patterns prior to and/or following a …
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The selling situation as a mediator of the personality/sales performance relationship: an empirical investigation
… relationship and the effect of long and short selling cycle situations as a moderator of this relationship. Research in the area of salesperson performance has failed to establish critical theoretical foundations for testing and predicting salesperson success. Many researchers have …
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Graphical analysis of hard-to-borrow stocks
… stocks i.e., stock with some constraints such as short selling. The main purpose of this graphical analysis was to introduce some algorithm for calculating the implied dividend yield curve for hard to borrow stocks using the dynamical programming. Implied dividend curve can be used to analyze the …
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Volatility risk and stock return predictability on global financial crises
… effects on Bear and Bull markets. Third, short selling constraints impact negatively on stock returns for only a Bull market and liquidity is meaningless for both Bear and Bull markets after the recent financial crisis. The second essay is enlarged to contribute to the literature of …
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An empirical study of hedge funds
… pooled investment vehicles that use leverage, short-selling, dynamic hedging and derivatives to implement investment strategies significantly different from the non-leveraged, long-only approach traditionally followed by investors. This Thesis explores and validates characteristics, attributes …
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Coordination of inventory distribution & price markdowns for clearance sales at Zara
… is treated as a perishable item leading to short selling periods. It is a common practice for retailers to liquidate unsold merchandise via clearance markdown policies. Joint marketing and production decisions are important and challenging in retailing. Clearance sales depend on the pricing, …
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A study on real estate derivatives
… cost, long lead transaction time and lack of short-selling mechanism. Still, real estate remains the last major asset class without a liquid derivative market until recently when Credit Suisse began to offer swaps on the NCREIF Property Index (NPI) in the U.S. early this year following the …
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Two essays on institutional investors
… second essay examines the equity loan 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 …
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AN IN-DEPTH LOOK AT EXCHANGE TRADED NOTES
… determined segment of trading, the short sales market, I find support for institutions' role as suppliers to the securities lending market. Chapter 3 looks at the types of ETNs that mutual funds are attracted to, the characteristics of the mutual funds that are investing in ETNs, and …
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Portfolio choices with taxes
… markets when investors face borrowing and short-selling constraints, I first solve a reduced-form version of the general model to provide conditions under which the complete-market optimal location decision of preferring the higher-taxed assets in the tax-deferred account is violated, and …
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INTRAINDUSTRY INFORMATION TRANSFERS: AN ANALYSIS OF CONFIRMATORY AND CONTRADICTORY EARNINGS NEWS
… confirmatory negative earnings surprises while short selling firms with contradictory negative earnings surprises generates an annual abnormal return of approximately 3 percent.
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Constrained Optimization Problems in Network Models
… the addition of capital gains tax, but also with short selling and transfer of securities. We proposed two constrained Integer nonlinear programming problems with which it is possible to establish if and when it is suitable to buy and to sell financial securities, not only while maximizing the …
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