Short Selling Activities and Convertible Bond Arbitrage Empirical Evidence from the New York Stock Exchange /

• Κύριος συγγραφέας: Werner, Sebastian P. (Συγγραφέας)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Wiesbaden : Gabler, 2010.
• Θέματα: Finance.; Public finance.; Economics.; Public Economics.; Finance, general.

While some short sales are based on information or opinions about a firm’s share price, this is not the case with many others. This statement coincides with the increasing use of arbitrage-related hedge fund strategies whereas it collides with public consensus that blames short sellers for decreasin...

Πίνακας περιεχομένων:

• Background and Empirical Predictions
• The Event Study Methodology
• Data, Full Sample and Variable Construction
• Difference in Abnormal Short Selling Activity Following Events of Large Positive Stock Price Changes
• Difference in Information Content of Extreme Short Selling Activity Events and the Impact on Stock Returns
• Overall Conclusion.