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題名:An Analysis of Short Selling, Margin Purchasing, and Bid-ask Spreads around Illegal Insider Trading: Evidence from Taiwan
書刊名:財務金融學刊
作者:鄭揚耀 引用關係張眾卓 引用關係易道韻
作者(外文):Cheng, Lee-youngChang, Chong-chuoYi, Dau-yun
出版日期:2013
卷期:21:4
頁次:頁91-123
主題關鍵詞:非法內線交易融券賣出融資買入買賣價差內線交易者Illegal insider tradingShort sellingMargin purchasingBid-ask spreadInformed trader
原始連結:連回原系統網址new window
相關次數:
  • 被引用次數被引用次數:期刊(3) 博士論文(0) 專書(0) 專書論文(0)
  • 排除自我引用排除自我引用:3
  • 共同引用共同引用:0
  • 點閱點閱:117
期刊論文
1.Brockman, Paul、Chung, Dennis Y.(1999)。Bid-Ask Spread Components in an Order-Driven Environment。Journal of Financial Research,22(2),227-246。  new window
2.Miller, James M.、McConnell, John J.(1995)。Open-market Share Repurchase Programs and Bid-ask Spreads on the NYSE: Implications for Corporate Payout Policy。Journal of Financial and Quantitative Analysis,30(3),365-382。  new window
3.Tinic, Seha M.、West, Richard R.(1972)。Competition and Pricing of Dealer Service in the Over-the-Counter Market。Journal of Financial and Quantitative Analysis,7,1707-1727。  new window
4.Barclay, Michael J.、Hendershott, Terrence(2004)。Liquidity Externalities and Adverse Selection: Evidence from Trading after Hours。The Journal of Finance,59,681-710。  new window
5.Boehmer, Ekkehart、Jones, Charles M.、Zhang, Xiaoyan(2008)。Which Shorts Are Informed?。Journal of Finance,63(2),491-527。  new window
6.Bushman, Robert M.、Piotroski, Joseph D.、Smith, Abbie J.(2005)。Insider Trading Restrictions and Analysts' Incentives to Follow Firms。Journal of Finance,60(1),35-66。  new window
7.Chakravarty, Sugato、McConnell, John J.(1997)。An Analysis of Prices, Bid/Ask Spreads, and Bid and Ask Depths Surrounding Ivan Boesky’s Illegal Trading’s Stock。Financial Management,26,18-34。  new window
8.Christophe, Stephen E.、Ferri, Michael G.、Hsieh, Jim J.(2010)。Informed Trading Before Analyst Downgrades: Evidence from Short Sellers。Journal of Financial Economics,95,85-106。  new window
9.Chung, Kee H.、Elder, John、Kim, Jang C.(2010)。Corporate Governance and Liquidity。Journal of Financial and Quantitative Analysis,45(2),265-291。  new window
10.Etebari, Ahmad、Tourani-Rad, Alireza、Gilbert, Aaron(2003)。Disclosure Regulation and the Profitability of Insider Trading: Evidence from New Zealand。Pacific-Basin Finance Journal,12,479-502。  new window
11.Fishe, Raymond P. H.、Robe, Michel A.(2004)。The Impact of Illegal Insider Trading in Dealer and Specialist Markets: Evidence from a Natural Experiment。Journal of Financial Economics,71,461-488。  new window
12.Glosten, Lawrence R.(1989)。Insider Trading, Liquidity, and the Role of the Monopolist Specialist。Journal of Business,62,211-235。  new window
13.Ho, Thomas、Stoll, Hans(1981)。Optimal Dealer Pricing under Transaction and Return Uncertainty。Journal of Financial Economics,9,47-73。  new window
14.Keown, Arthur J.、Pinkerton, John M.(1981)。Merger Announcements and Insider Trading Activity: An Empirical Investigation。Journal of Finance,36,855-869。  new window
15.Pope, Peter F.、Morris, Richard C.、Peel, David A.(1990)。Insider Trading: Some Evidence on Market Efficiency and Director’ Share Dealings in Great Britain。Journal of Business Finance and Accounting,17,359-380。  new window
16.Seyhun, H. Nejat(1992)。The Effectiveness of the Insider-Trading Sanctions。Journal of Law and Economics,35(1),149-182。  new window
17.Chordia, Tarun、Roll, Richard、Subrahmanyam, Avanidhar(2008)。Liquidity and Market Efficiency。Journal of Financial Economics,87(2),249-268。  new window
18.Cornell, Bradford、Sirri, Erik R.(1992)。The Reaction of Investors and Stock Prices to Insider Trading。Journal of Finance,47,1031-1059。  new window
19.Heflin, Frank、Shaw, Kenneth W.(2000)。Blockholder Ownership and Market Liquidity。Journal of Financial and Quantitative Analysis,35(4),621-633。  new window
20.Rubin, Amir(2007)。Ownership Level, Ownership Concentration and Liquidity。Journal of Financial Markets,10,219-248。  new window
21.Diamond, Douglas W.、Verrecchia, Robert E.(1987)。Constraints on short-selling and asset price adjustment to private information。Journal of Financial Economics,18(2),277-311。  new window
22.Allen, F.、Gale, D.(1992)。Stock-Price Manipulation。Review of Financial Studies,5(3),503-529。  new window
23.Christophe, S. E.、Ferri, M. G.、Angel, J. J.(2004)。Short-selling prior to earnings announcements。Journal of Finance,59(4),1845-1876。  new window
24.Diether, Karl B.、Lee, Kuan H.、Werner, Ingrid M.(2007)。Short sale strategies and return predictability。Review of Financial Studies,22(2),575-607。  new window
25.Desai, Hemang、Ramesh, K.、Thiagarajan, S. Ramu、Balachandran, Bala V.(2002)。An Investigation of the Informational Role of Short Interest in the NASDAQ Market。Journal of Finance,57(5),2263-2287。  new window
26.Hirose, Takehide、Kato, Hideaki Kiyoshi、Bremer, Marc(2009)。Can Margin Traders Predict Future Stock Returns in Japan?。Pacific-Basin Finance Journal,17,41-57。  new window
27.Huang, R. D.、Stoll, H. R.(1996)。Dealer Versus Auction Markets: a Paired Comparison of Execution on NASDAQ and the NYSE。Journal of Financial Economics,41(3),313-357。  new window
28.Easley, David、O'Hara, Maureen(1992)。Time and the Process of Security Price Adjustment。The Journal of Finance,47(2),577-605。  new window
29.Madhavan, Ananth(2000)。Market Microstructure: A Survey。Journal of Financial Markets,3(3),205-258。  new window
30.Baesel, Jerome B.、Stein, Garry R.(1979)。The value of Information: Inferences from the profitability of insider trading。Journal of Financial and Quantitative Analysis,14(3),553-571。  new window
31.McInish, T. H.、Wood, R. A.(1992)。An Analysis of Intraday Patterns in Bid-Ask Spreads for NYSE Stocks。The Journal of Finance,47(2),753-764。  new window
32.Stoll, Hans R.(1989)。Inferring the Components of the Bid-Ask Spread: Theory and Empirical Tests。Journal of Finance,44(1),115-134。  new window
33.Dupont, Dominique(2000)。Market Making, Prices, and Quantity Limits。Review of Financial Studies,13(4),1129-1151。  new window
34.Stoll, Hans R.(1978)。The Supply of Dealer Services in Securities Markets。Journal of Finance,33(4),1133-1151。  new window
35.Tinic, Seha M.(1972)。The Economics of Liquidity Services。Quarterly Journal of Economics,86(1),79-93。  new window
36.Copeland, Thomas E.、Galai, Dan(1983)。Information Effects on the Bid-ask Spread。The Journal of Finance,38(5),1457-1469。  new window
37.Fabozzi, Frank J.(1979)。Bid-Ask Spreads for Over-the-Counter Stocks。Journal of Economics & Business,32,56-65。  new window
38.Meulbroek, Lisa K.(1992)。An Empirical Analysis of Illegal Insider trading。Journal of Finance,47,1661-1699。  new window
研究報告
1.Wong, Woon K.、Tan, Dijun、Tian, Yixiang(2008)。Informed Trading and Liquidity in the Shanghai Stock Exchange。Cardiff Business School。  new window
2.Boehmer, Ekkehart、Wu, Juan(2008)。Short Selling and the Informational Efficiency of Prices。University of Georgia。  new window
3.Daske, Holger、Richardson, Scott A.、Tuna, Irem(2005)。Do Short Sale Transactions Precede Bad News Events?。University of Pennsylvania。  new window
圖書
1.Stine, Robert(1990)。An Introduction to Bootstrap Methods: Examples and Ideas。Modern Methods of Data Analysis。Newbury Park, CA:Sage Publications。  new window
2.Campbell, John Y.、Lo, Andrew W.-C.、MacKinlay, A. Craig(1997)。The Econometrics of Financial Markets。Princeton University Press。  new window
 
 
 
 
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