Banning Short Selling: Return and Liquidity Effects of Bans on Covered Short Selling During the 2008-2009 Financial Crisis : Return and Liquidity Effects of Bans on Covered Short Selling During the 2008-2009 Financial Crisis

Language: English

Published by VDM Verlag Dr. Müller, 2011

3639368673 / 9783639368673

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Gebraucht - Sehr gut sg - ungelesenes mängelexemplar, gestempelt, mit leichten lagerspuren - Although most researches conclude that short selling is beneficial to market efficiency, short selling has been banned in various stock markets during the 2008-2009 financial crisis. This study examines the effect of covered short selling bans on banned stocks in terms of return and liquidity characteristics in four different equity markets (US, Canada, Great Britain, Denmark) during this period. Since these markets contain stocks which have been affected by the ban as well as stocks that have not been affected, they offer a special opportunity for research. Results of this study imply, that no beneficial effects resulted from the ban. In three out of four examined markets short selling bans had negative effects on banned stocks in terms of liquidity, returns or intraday volatility.

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Title
Banning Short Selling: Return and Liquidity Effects of Bans on Covered Short Selling During the 2008-2009 Financial Crisis : Return and Liquidity Effects of Bans on Covered Short Selling During the 2008-2009 Financial Crisis
Author
Rolf Dürr
Publisher
VDM Verlag Dr. Müller
Publication year
2011
Condition
Sehr gut
Binding
Taschenbuch
Language
English
ISBN 10
3639368673
ISBN 13
9783639368673
Item weight
155 grams
Dimensions
220x150x5 mm

AHA-BUCH GmbH

Einbeck, Germany

5-star seller

AbeBooks seller since August 14, 2006

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