Chapter 21. The Signaling of Short Selling Activity in Australia
Mathew J. Ratty, John L. Simpson and Peter D. Mayall
21.4 Findings 323
21.5 Conclusion 326
There is a perception among investors and the public that short selling, for example, by hedge funds, exacerbates the downward spiral of stock prices and rewards the participants. Large sales, combined with multiple sellers, almost guarantee a self-fulfilling fall in prices. As a consequence of the 2008 global financial crisis, financial regulators in the United States, the United Kingdom, France, Germany, Canada, and Australia banned naked ...