Xiang, Xin; He, Xu - In: Borsa Istanbul Review 24 (2024) 1, pp. 61-72
This study investigates the effect of short sales on firms' use of trade credit. Using a sample of 3262 Chinese listed firms from 2007 to 2019, the analysis results show that both the deregulation and the magnitude of short sales negatively affect trade credit. The transmission mechanism...