Price Efficiency and Fundamental Value of the Taiwan IPO Stocks:Evidence from Short-Selling Activities

碩士 === 國立中正大學 === 財務金融研究所 === 99 === This paper takes advantage of the unique features of Taiwan stock market to examine the effect of short selling on IPO price efficiency and the role short sellers play in Taiwan IPO market. We find that price efficiency is improved with increased short sellin...

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Bibliographic Details
Main Authors: Chang, Weifang, 張瑋芳
Other Authors: Cheng, Leeyoung
Format: Others
Language:en_US
Published: 2011
Online Access:http://ndltd.ncl.edu.tw/handle/22339871845717960218