Advances in Economics, Management and Political Sciences

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Proceedings of the 2nd International Conference on Financial Technology and Business Analysis

Series Vol. 61 , 28 December 2023


Open Access | Article

The Impact of Short Selling on the Quality of Accounting Information Disclosure of Listed Companies

Lingxin Yuan * 1
1 International Business Administration College, Sichuan International Studies University, Chongqing, China, 400000

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 61, 81-86
Published 28 December 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Lingxin Yuan. The Impact of Short Selling on the Quality of Accounting Information Disclosure of Listed Companies. AEMPS (2023) Vol. 61: 81-86. DOI: 10.54254/2754-1169/61/20230930.

Abstract

As the capital market develops and matures, the requirements for the quality of accounting information of listed companies gradually increase. Under these circumstances, it is essential to verify whether implementing this system can improve the quality of accounting information and realize the effective allocation of resources. In order to empirically test the governance effect of short selling on the accounting information disclosure of listed companies, this paper uses the data of A-share listed companies from 2009 to 2011, uses the differential and probit model, and finds that short selling has no significant impact on the quality of information disclosure. China officially implemented the short-selling system on March 31, 2010. During the early stages of implementation, the trading volume of short-selling was small, and the scale of short-selling of listed companies was also small. Therefore, short-selling transactions in a short period of time will not significantly affect the quality of accounting information disclosure.

Keywords

Expansion, Margin short selling, Listed companies, Accounting information disclosure, Quality differentially

References

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Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
ISBN (Print)
978-1-83558-223-7
ISBN (Online)
978-1-83558-224-4
Published Date
28 December 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/61/20230930
Copyright
© 2023 The Author(s)
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated