Narrow search
Showing 1 - 3 of 3
Cover Image
Naked short selling : the emperor's new clothes?
Yadav, Pradeep; Fotak, Veljko; Raman, Vikas - 2009
Regulatory and media concern has focused heavily on the potentially manipulative distortion of market prices associated with naked short selling. However, naked shorting can also have beneficial effects for liquidity and pricing efficiency. We empirically investigate the impact of naked...
Persistent link: https://www.econbiz.de/10003919368
Cover Image
Strategic trading and trade reporting by corporate insiders
Betzer, André; Gider, Jasmin; Metzger, Daniel; … - 2009
In the pre-Sarbanes-Oxley era corporate insiders were required to report trades in shares of their firm until the 10th of the month following the trade. This gave them considerable flexibility to time their trades and reports strategically, e.g., by executing a sequence of trades and reporting...
Persistent link: https://www.econbiz.de/10003919398
Cover Image
The death of trust across the U.S. finance industry
Limbach, Peter; Rau, P. Raghavendra; Schürmann, Henrik - 2020 - [Vers. 11/2020]
We document a significant decline in the level of generalized trust among finance professionals relative to the decline … of trust in the general U.S. population. This decline occurs across all subsectors and at all hierarchy levels and is … industry. The relative decline of trust is associated with a decreasing level of socialization among finance professionals as …
Persistent link: https://www.econbiz.de/10012414804