Short selling and stock returns: evidence from the UK
The practice of shorting stocks was put forward as one of the causes of the recent financial crisis whereas Shiller (2003), for example, considers shorting an essential element of an efficient market. Shorting involves selling borrowed stocks and subsequently closing the position by purchasing and r...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
ELSEVIER
2013
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/28461/ http://irep.iium.edu.my/28461/ http://irep.iium.edu.my/28461/ http://irep.iium.edu.my/28461/4/Short_Selling_and_Stock_Returns_Evidence_from_the_UK.pdf |