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PhD proposal (BAA Doctoral Colloquium Cardiff 2010): short selling and stock returns

Mohamad, Azhar (2010) PhD proposal (BAA Doctoral Colloquium Cardiff 2010): short selling and stock returns. In: BAA 2010 Doctoral Colloquium, 29-30 March 2010, Cardiff City, UK. (Unpublished)

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Abstract

Short selling arguably is one of the most controversial issues in stock market, and is often blamed for stock market crash. There are negative preconceptions among media and market regulators regarding short selling. Short interest data is not publicly available in most stock markets around the world. Besides the United States of America, Hong Kong is the only jurisdiction that makes short interest data available to investing public. While most studies on short interest and stock returns have focused on the US stock markets, there are very few studies done on the Hong Kong stock market. So the main motivations of this paper are: a) To investigate the relationship between short interest and stock returns in Hong Kong stock market b) To examine whether stock abnormal returns increase in the level of short interest c) To examine the relationship between level short interest and fundamental-to-price ratios and institutional ownership of shorted stocks

Item Type: Conference or Workshop Item (Other)
Additional Information: 3334/28480
Uncontrolled Keywords: short Interest, short selling, stock returns, abnormal returns
Subjects: H Social Sciences > HG Finance > HG4001 Financial management. Business finance. Corporation finance.
H Social Sciences > HG Finance > HG4501 Stocks, investment, speculation
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): Kulliyyah of Economics and Management Sciences > Department of Finance
Depositing User: Dr Azhar Mohamad
Date Deposited: 15 Jan 2013 11:01
Last Modified: 13 Feb 2013 21:28
URI: http://irep.iium.edu.my/id/eprint/28480

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