Showing 1 - 7 of 7
Using hedge fund returns and county-level religiosity data during 1996-2013, we examine the effects of local religious beliefs on hedge fund risk-taking behaviors. We find that local religiosity is significantly negatively related to both total and idiosyncratic volatilities of hedge funds, even...
Persistent link: https://www.econbiz.de/10013003732
We examine the relation between short-sale constraints and stock price crash risk. To establish causality, we take advantage of a regulatory change from the Securities and Exchange Commission (SEC)'s Regulation SHO pilot program, which temporarily lifted short-sale constraints for randomly...
Persistent link: https://www.econbiz.de/10012903315
Persistent link: https://www.econbiz.de/10012301999
Persistent link: https://www.econbiz.de/10014309506
Persistent link: https://www.econbiz.de/10014315541
Persistent link: https://www.econbiz.de/10014481091
Persistent link: https://www.econbiz.de/10014424423