The stock price index is a thermometer reflecting changes in the stock market, and can convey key information on capital market dynamics and trends to investors. This paper empirically investigates the impact of index adjustments on corporate social responsibility performance by employing the...

We examine the effect of short selling on analyst forecast quality. Using the removal of the tick test from Regulation SHO, we find that increased ease of short selling improves analyst earnings forecast quality. Examining underlying mechanisms for the improvement, the evidence is consistent...