期刊名称:Ovidius University Annals: Economic Sciences Series
电子版ISSN:2393-3127
出版年度:2018
卷号:18
期号:1
语种:English
出版社:Ovidius University Press
摘要:The purpose of the paper is to take into discussion the benefits,as well as the negative effects that regulation might trigger for the development of the stock markets,focusing on the case of short-sale transactions. The paper outlines the regulatory changes that were made in this respect for the European Union countries in the aftermath of the 2007-08 financial crisis. Alongside reviewing the most significant empirical papers which have approached the connection between banning or short-selling disclosure requirements and stock market quality,the authors investigate whether the current regulation brings more benefits than costs to the European financial markets.