Comment & Analysis
Bans on Short Selling can Lead to Adverse Herding Among Investors
Bans on short selling in times of high uncertainty can lead to adverse herding behaviour, says a new paper from The Centre for International Governance Innovation (CIGI). In Short-Selling Bans and Institutional Investors’ Herding Behaviour: Evidence from the Global Financial Crisis, authors Martin T. Bohl, Arne C. Klein and Pierre…
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