Stock lending and short-selling: evidence from national pension service in Korea

The National Pension Service (NPS) of Korea suddenly announced that they would suspend their stock lending business from October 22, 2018. Using this ideal setting, the authors investigate the effects of this suspension on market quality and short-selling activities. The authors find that stock retu...

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Bibliographic Details
Main Authors: Kuan-Hui Lee, Shu-Feng Wang
Format: Article
Language:English
Published: Emerald Publishing 2022-07-01
Series:Seonmul yeongu
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/JDQS-02-2022-0005/full/pdf