Short sellers and corporate disclosure

We examine how short sellers affect corporate disclosures using a natural experiment. From May2005 to July 2007, the SEC implemented a pilot program by randomly selecting one third ofRussell 3000 stocks and removing the short sale price tests for these stocks (referred to as pilotfirms), leading to...

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Bibliographic Details
Main Authors: CHEN, Xia, CHENG, Qiang, LUO, T., YUE, Heng
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2018
Subjects:
Online Access:https://ink.library.smu.edu.sg/soa_research/1784
https://ink.library.smu.edu.sg/context/soa_research/article/2811/viewcontent/Short_sellers_and_corporate_disclosures.pdf
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Institution: Singapore Management University
Language: English