We present empirical evidence that short sales contribute to market efficiency by increasing
the speed of price adjustment to not only private/public firm-specific information but also …

Abstract Information asymmetry and accounting information effectiveness are important
issues in the capital market. Based on a sample of China's A-share listed companies from …

The debate among various market participants on the short-selling of securities continues
today. Opponents of shortselling argue that it disrupts orderly markets by causing panic …

We examine the efficacy of short sale regulations in Hong Kong, where the list of shortable
stocks is managed by regulators and is updated quarterly. While regulators generally …

We examine the effect of short selling via the unique setting in the Hong Kong stock market
and find that, when a stock becomes shortable, its trading activities decrease, liquidities …

In Taiwan's stock market, buying first and selling later, as well as selling first and buying
later, are permitted, as of January 1, 2014, and June 30, 2014, respectively. This study …

We examine the effect of short selling via the unique setting in the Hong Kong stock market.
When a security becomes shortable, its trading activities decrease, liquidities worsen, and …

We examine the efficacy of short sale regulations in Hong Kong, where the list of shortable
stocks is managed by regulators and is updated quarterly. While regulators generally …