Short Selling Pressure, Stock Price Behavior, and Management Forecast Precision: Evidence from a Natural Experiment
By Yinghua Li, Liandong Zhang. 2015
209 citations recorded by the source corpus.
Subfields: Accounting, Finance
View Paper: https://www.semanticscholar.org/paper/675e1d8685bc136041e2bced7a83eea0c3c4101a
Citations in the corpus
- Readability of 10‐K Reports and Stock Price Crash Risk (2019, unknown): “Li and Zhang (2015) find that managers strategically increase the complexity of bad news financial reports when under greater short-selling pressure to maintain the current level of stock prices, but the authors do not examine whether the obfuscation strategy is effective in maintaining stock…”
- Short Selling and Earnings Management: A Controlled Experiment (2016, unknown): “Kecskés, Mansi, and Zhang (2013) study bond yields, De Angelis, Grullon, and Michenaud (2015) equity incentives, He and Tian (2014) corporate innovation, and Li and Zhang (2015) firms’ voluntary disclosure practices.”