Gao, Kaijuan; Lin, Wanfa - In: China Journal of Accounting Research 11 (2018) 1, pp. 51-70
spread in China. It finds that both margin trading and short selling can reduce bond yield spread. Additionally, it finds … is that short selling lowers the bond yield spread by decreasing earnings management, suggesting that short selling has …Using a quasi-natural experiment, this study examines the effects of margin trading and short selling on bond yield …