Showing 41 - 50 of 685,967
This article focuses on the LIBOR manipulation scandal officially revealed by the U.S. and U.K. authorities in June … and instruments are based on the LIBOR. Therefore, these rates have to be real and be calculated genuinely. Manipulation … of the LIBOR would mean manipulation of all financial markets and distorting the whole trust and integrity. The fines …
Persistent link: https://www.econbiz.de/10012938603
We show that cryptocurrency markets are plagued by pump-and-dump manipulation, with at least 355 cases in seven months … millions of dollars, and large wealth transfers between participants. These manipulation schemes are likely to persist as long …
Persistent link: https://www.econbiz.de/10012826107
result, but investors are better informed because they anticipate manager manipulation. An increase in stock …-price informativeness therefore has to be traded off against an increase in resources wasted on manipulation. It is shown that, surprisingly … capital is negatively related to manager manipulation …
Persistent link: https://www.econbiz.de/10012826268
We examine the breadth-return relationship and the effect of stock price manipulation on it. Using data from the … popularity view of Choi, Jin, and Yan (2013), our results support the “manipulation view” that manipulation behaviors of large … after relaxing short-sale constraints, indicating that the short-sale mechanism can help reduce stock price manipulation …
Persistent link: https://www.econbiz.de/10013231985
We propose that market manipulation, which brings about both managerial short-termism and an opaque environment, has a … manipulation using NASD surveillance software for all U.S. publicly traded firms from 2007-2018. The data indicate market … manipulation consistently negatively affects each of the corporate culture dimensions in subsequent years, and this effect is not …
Persistent link: https://www.econbiz.de/10013291633
Despite the explosive growth of peer-to-peer lending in the People's Republic of China (PRC), information asymmetry remains a critical issue and is likely to be amplified in such an evolving credit market compared to a traditional credit market. This paper studies how investors screen the...
Persistent link: https://www.econbiz.de/10012153516
-problem. It is not clear that “banging the close” satisfies economic definitions of price manipulation, but nonetheless the …
Persistent link: https://www.econbiz.de/10012996312
Recent theoretical work suggests that short sellers can manipulate firms into making suboptimal investment decisions. In this study, I empirically test whether short sellers improve or harm the efficiency of firms' capital investment. Overall, I show that short selling improves the efficiency of...
Persistent link: https://www.econbiz.de/10012848715
. Furthermore, we show that there are positive returns to some market manipulation strategies predicated on exploiting the anchoring …
Persistent link: https://www.econbiz.de/10012965637
On October 12, 2012, Florida State University hosted a two-hour roundtable panel entitled “Corruption and Manipulation …-alone pieces (by individual authors) on specific issues under the sports corruption/manipulation umbrella that were addressed …. The result is an article reflective of how sports-related corruption and manipulation is interdisciplinary in nature. Ryan …
Persistent link: https://www.econbiz.de/10014148346