Liu, Hongqi; Xu, Nan; Ye, Jianming - In: China journal of accounting research : CJAR 8 (2015) 2, pp. 111-131
accusations of fraud against Chinese reverse merger firms (CRMs) in the US. We find that short sellers rely on firms’ fundamental … that short sellers accuse CRMs simply because of their reverse merger label. Additionally, we test the accuracy of short …