Background and Empirical Predictions
Of central interest to this dissertation is the distinctiveness within aggregate short sales and, in particular, the short selling activities of convertible bond arbitrageurs. In order to motivate the empirical investigations that follow, this chapter therefore provides the theoretical background on short selling and convertible bond arbitrage discussed in Section 2.1 and 2.2, which is summarized in Section 2.3 to develop the empirical predictions of this work.
KeywordsStock Price Stock Return Hedge Fund Short Selling Short Sale
Unable to display preview. Download preview PDF.