Search Results for: Short Selling And Firms Disclosure Of Bad News

This study provides evidence that short selling influences the disclosure of bad news by firms. Managers have incentives to withhold or delay the release of bad

Prior studies provide conflicting evidence as to whether managers have a general tendency to disclose or withhold bad news. A key challenge for this literature

This study examines management disclosure behavior around debt offerings and its effect on the cost of debt offered. For the equity market, studies show that ma

Using a natural experiment (Regulation SHO), we show that short selling pressure and consequent stock price behavior have a causal effect on managers' voluntary