| LINNERTOVÁ, Dagmar. Testing of Short Sale Hypotheses on U.S. market in the period from 1990 to 2015. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis. Brno: Mendel University of Agriculture and Forestry Brno, 2016, roč. 64, č. 6, s. 2025-2038. ISSN 1211-8516. Dostupné z: https://dx.doi.org/10.11118/actaun201664062025. |
Další formáty:
BibTeX
LaTeX
RIS
@article{1355892,
author = {Linnertová, Dagmar},
article_location = {Brno},
article_number = {6},
doi = {http://dx.doi.org/10.11118/actaun201664062025},
keywords = {Determinants; NASDAQ; NYSE; Panel regression; Regulation; Short interest; Short sale; Short sale hypotheses},
language = {eng},
issn = {1211-8516},
journal = {Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis},
note = {v tisku},
title = {Testing of Short Sale Hypotheses on U.S. market in the period from 1990 to 2015},
volume = {64},
year = {2016}
}
TY - JOUR
ID - 1355892
AU - Linnertová, Dagmar
PY - 2016
TI - Testing of Short Sale Hypotheses on U.S. market in the period from 1990 to 2015
JF - Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
VL - 64
IS - 6
SP - 2025-2038
EP - 2025-2038
PB - Mendel University of Agriculture and Forestry Brno
SN - 12118516
N1 - v tisku
KW - Determinants
KW - NASDAQ
KW - NYSE
KW - Panel regression
KW - Regulation
KW - Short interest
KW - Short sale
KW - Short sale hypotheses
N2 - The purpose of this paper is to investigate the validity of short sale hypotheses the NYSE and NASDAQ in the period 1990 - 2015. Short has been regulated in the U.S. market since the 1930s by so-called up-tick rules and other legal acts. The aim of this regulation was to prevent short sellers from adding to the downward momentum when the price of an asset was already experiencing sharp declines. During the 1990s, short sale regulations changed several times. In this paper, panel regression is applied to investigate short sale determinants on the NYSE and NASDAQ. Short seller motivation and the results are compared with those for particular markets and sub periods that represent different legal regulations of short selling activities in the period from 1990 to 2015.
ER -
LINNERTOVÁ, Dagmar. Testing of Short Sale Hypotheses on U.S. market in the period from 1990 to 2015. \textit{Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis}. Brno: Mendel University of Agriculture and Forestry Brno, 2016, roč.~64, č.~6, s.~2025-2038. ISSN~1211-8516. Dostupné z: https://dx.doi.org/10.11118/actaun201664062025.
|
