Short selling is measured in the literature as both constraint (e.g., lending fees) and activity (e.g., trades). We show that these two measures capture separate effects, which we characterize into two different strategies. The first strategy, "short trading," has minimal constraints, weekly...

The equity lending literature has assumed that equity loan supply is static due to institutional constraints. Instead, we show that reduced stock lending (both at the margin and in levels) causes increased stock loan fees and stock overpricing. We find the strongest effect among stocks with the...

Motivated by the ethical dilemma in managerial financial reporting decisions, we explore and reveal an unintended "crash" consequence following accelerated patenting information dissemination. Employing the American Inventor’s Protection Act (AIPA) that accelerated the publication of patent...

We highlight that the inalienable nature of human capital can crucially determine corporate payouts. Exploiting the staggered rejections of the inevitable disclosure doctrine (IDD) across 15 U.S. states as exogenous shocks that potentially increase the mobility of key talents, we find that...

Coplanar supercapacitors on textiles have received much concern with the development of flexible and wearable energy-storage-devices because this configuration can remarkably enhance the mechanical deformation and facilitate the integration with other devices as compared with conventional...

Cutaneous infections involving pathogenic biofilms cannot be effectively treated by topical therapies, partially due to the resistance and the poor penetration of therapeutics. To overcome these limitations, we propose a multi-functional microneedle device that can penetrate through the stratum...

Nanoplastics (NPs), which are often detected in the natural environment, are regarded as a group of emerging pollutants. Hematite is a substance that exists widely in the surface environment and has an important impact on the environmental behavior of pollutants. Clarifying the migration of NPs...

Perovskite oxides are promising catalysts in peroxymonosulfate (PMS) activation for wastewater treatment, attributed to their flexible structures. In this study, halogen anion (F− or Cl− ) was doped in La0.6Sr0.4Co0.8Fe0.2O3-δ (LSCF) for PMS activation, showing that appropriate anion doping...