Cross-sectional Analysis of Short Sale Determinants in the US Market Sectors

LINNERTOVÁ, Dagmar and Silvie KAFKOVÁ. Cross-sectional Analysis of Short Sale Determinants in the US Market Sectors. Online. In Kajurova, V Krajicek, J. EUROPEAN FINANCIAL SYSTEMS 2015: PROCEEDINGS OF THE 12TH INTERNATIONAL SCIENTIFIC CONFERENCE. BRNO: MASARYKOVA UNIV, 2015. p. 367-374. ISBN 978-80-210-7962-5. [citováno 2024-04-24]

Basic information

• Original name: Cross-sectional Analysis of Short Sale Determinants in the US Market Sectors
• Authors: LINNERTOVÁ, Dagmar (203 Czech Republic, guarantor, belonging to the institution) and Silvie KAFKOVÁ (203 Czech Republic, belonging to the institution)
• Edition: BRNO, EUROPEAN FINANCIAL SYSTEMS 2015: PROCEEDINGS OF THE 12TH INTERNATIONAL SCIENTIFIC CONFERENCE, p. 367-374, 8 pp. 2015.
• Publisher: MASARYKOVA UNIV

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
• Publication form: printed version "print"
• WWW: URL
• RIV identification code: RIV/00216224:14560/15:00084839
• Organization unit: Faculty of Economics and Administration
• ISBN: 978-80-210-7962-5
• UT WoS: 000370679200049
• Keywords in English: short sale; panel regression with fixed effect; blue chips; Standard & Poor's index
• Tags: International impact, Reviewed

Abstract

The aim of this paper is to analyze short sale determinants along particular sectors in the U.S. market. The analysis is carried out for firm-specific and market characteristics of blue chips traded in the NYSE in the period 2000 - 2014. The motivation of investors for short sale is explained by four short sale hypotheses. The results for particular sectors are compared with those for the full sample and findings about attractively of particular stocks for short sale are suggested. The analysis is based on application of panel regression with fixed effect.