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Corporate Actions and the Manipulation of Retail Investors in China: An Analysis of Stock Splits

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NBER2021-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w29212
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资源简介:
We identify a group of suspicious firms that use stock splitsperhaps, along with other activitiesto artificially inflate their share prices. Following the initiation of suspicious splits, share prices temporarily increase, and subsequently decline below their pre-split levels. Using account level
提供机构:
美国国家经济研究局
创建时间:
2021-09-01
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