Testing of Short Sale Hypotheses on U.S. market in the period from 1990 to 2015

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F16%3A00091063" target="_blank" >RIV/00216224:14560/16:00091063 - isvavai.cz</a>

Výsledek na webu

<a href="http://dx.doi.org/10.11118/actaun201664062025" target="_blank" >http://dx.doi.org/10.11118/actaun201664062025</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.11118/actaun201664062025" target="_blank" >10.11118/actaun201664062025</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Testing of Short Sale Hypotheses on U.S. market in the period from 1990 to 2015

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

Testing of Short Sale Hypotheses on U.S. market in the period from 1990 to 2015

Popis výsledku anglicky

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.

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

AH - Ekonomie

OECD FORD obor

—

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2016

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis

ISSN

1211-8516

e-ISSN

—

Svazek periodika

64

Číslo periodika v rámci svazku

6

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

14

Strana od-do

2025-2038

Kód UT WoS článku

—

EID výsledku v databázi Scopus

2-s2.0-85008707923