Short selling and price discovery in corporate bonds

T Hendershott, R Kozhan, V Raman - Journal of Financial and …, 2020 - cambridge.org
We show short selling in corporate bonds forecasts future bond returns. Short selling
predicts bond returns where private information is more likely, in high-yield bonds …

[HTML][HTML] Margin trading, short selling, and bond yield spread

K Gao, W Lin - China Journal of Accounting Research, 2018 - Elsevier
Using a quasi-natural experiment, this study examines the effects of margin trading and
short selling on bond yield spread in China. It finds that both margin trading and short selling …

[HTML][HTML] Identifying M&A targets and the information content of VC/PEs

Q Tang, W Li - China Journal of Accounting Research, 2018 - Elsevier
The information gap in the M&A market hinders acquirers from effectively identifying high-
quality targets. We examine whether VC/PEs convey information content in the M&A market …

Quantitative Management of Credit Portfolios.

AB Dor, A Desclée, L Dynkin, J Hyman… - Journal of Fixed …, 2022 - search.ebscohost.com
Quantitative techniques have long been used to measure and control risk in credit portfolios.
More recently, interest has grown in a systematic approach to generating alpha in credit …

Information Percolation and Informed Short Selling: Evidence from Earnings Announcements

SE Christophe, J Hsieh - Available at SSRN 3588949, 2023 - papers.ssrn.com
Firms typically disclose partial earnings-related information before their eventual earnings
announcement (EA) dates. This paper employs a novel approach to decompose short …

Breadth of ownership and the cross-section of corporate bond returns

JZ Huang, N Qin, Y Wang - Management Science, 2023 - pubsonline.informs.org
Using breadth of corporate bond fund ownership to proxy for the combination of short-sale
constraints and divergence of opinions in the corporate bond market, this paper investigates …

The Impact of Short Selling in the Cross-Section of Corporate Bond Returns.

D Vladimirova, T Markl, P Messow - Journal of Fixed Income, 2023 - search.ebscohost.com
This article fills the literature gap by employing the longest yet-analyzed period and
introduces multiple short selling proxies to explain the relationship between short selling …