We examine trading patterns around public holidays on the Sydney Stock Exchange between 1901 and 1950 using a new dataset constructed from handwritten stock and share lists recording buy and sell bids and sales prices. We find that trading volume dropped significantly pre-public holiday,...

We examine how the stock market relation to news sentiment – from traditional and social media (Twitter) sources - interacts with stock short selling. Our sample includes the S&P500 constituents for the period January 2016 to December 2020. We find evidence that returns are positively related...

We examine a recent innovation in the highly volatile and illiquid uranium market, The Global X Uranium Exchange-Traded Fund (URA), and its impact on the trading characteristics of constituent and non-constituent stocks. Over a three-month period, following the introduction of URA, we find...

This paper explores how corporate financial portfolio influences distress risk. Inspired by Fukuda and Nakamura (2011), we define distress risk as a dummy variable determined by whether firms need external subsidies to repay the interest payable. Spanning our analysis with 3,698 listed firms in...

Purpose The purpose of this study is to examine the impact of a recent innovation in the uranium market, the Global X Uranium Exchange-Traded Fund (URA), on the trading characteristics of constituent and non-constituent stocks. Design/methodology/approach The authors analyse bid-ask spread...

Purpose Does the choice of listing process matter in determining a firm's future crash risk? It is understood that the main function of an equity market is to provide price discovery, however, it is not clear whether the choice of listing methods would matter to the shareholders' wealth in the...