Osken, Latif Cem; Onay, Ceylan; Unal, Gözde - In: Journal of Financial Regulation and Compliance 24 (2016) 3, pp. 343-362
Purpose This paper aims to analyze the dynamics of the security lending process and lending markets to identify the market-wide variables reflecting the characteristics of the stock borrowed and to measure the credit risk arising from lending contracts. Design/methodology/approach Using the data...