LINNERTOVÁ, Dagmar. The Investigation of a Short Sell Ban in a Selected Market. Rome: World Business Institute, European Business Research Conference Proceedings 2012, 2012, p. 1-9. ISBN 978-1-922069-09-2.
Other formats:   BibTeX LaTeX RIS
Basic information
Original name The Investigation of a Short Sell Ban in a Selected Market
Authors LINNERTOVÁ, Dagmar.
Edition Rome, p. 1-9, 9 pp. 2012.
Publisher World Business Institute, European Business Research Conference Proceedings 2012
Other information
Original language English
Type of outcome Proceedings paper
Field of Study 50200 5.2 Economics and Business
Country of publisher Czech Republic
Confidentiality degree is not subject to a state or trade secret
WWW URL
Organization unit Faculty of Economics and Administration
ISBN 978-1-922069-09-2
Keywords in English short sale ban ARs CARs
Changed by Changed by: Ing. Dagmar Vágnerová Linnertová, Ph.D., učo 76289. Changed: 10/3/2015 12:15.
Abstract
The hypothesis of overvaluation argues that short sell restrictions are reflected in security prices by their over valuation. In the situation when short sell is prohibited or expansive pessimistic investors expectation are not reflected in security prices. In the paper is examine impact of short sell ban in the price of banking and other financial institution stocks in France in the period Aug. 11, 2011 to Feb. 13, 2012. According to ARs and CARs the hypothesis of over valuation is not confirmed getting mixed results based on the market model and the adjusted market model as well.
PrintDisplayed: 23/7/2024 01:21