Adam V. Reed

University of North Carolina Kenan-Flagler Business School

Kenan-Flagler Business School

Chapel Hill, NC 27599-3490

United States

SCHOLARLY PAPERS

24

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Top 3,888

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18,359

SSRN CITATIONS
Rank 2,907

SSRN RANKINGS

Top 2,907

in Total Papers Citations

516

CROSSREF CITATIONS

121

Scholarly Papers (24)

How are Shorts Informed? Short Sellers, News, and Information Processing

Journal of Financial Economics, Forthcoming
Number of pages: 53 Posted: 13 Jan 2010 Last Revised: 09 Oct 2012
University of California, San Diego (UCSD) - Rady School of Management, University of North Carolina Kenan-Flagler Business School and University of Utah - Department of Finance
Downloads 3,123 (7,543)
Citation 229

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asymmetric information, manipulation, news media, short sales

How are Shorts Informed? Short Sellers, News, and Information Processing

AFA 2011 Denver Meetings Paper, Utah Winter Finance Conference Selection, 2010
Posted: 17 Mar 2010 Last Revised: 09 Oct 2012
University of California, San Diego (UCSD) - Rady School of Management, University of North Carolina Kenan-Flagler Business School and University of Utah - Department of Finance

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asymmetric information, manipulation, news media, short sales

How are Shorts Informed? Short Sellers, News, and Information Processing

Journal of Financial Economics (JFE), Vol. 105, No. 2, 2012
Posted: 09 Oct 2012
University of California, San Diego (UCSD) - Rady School of Management, University of North Carolina Kenan-Flagler Business School and University of Utah - Department of Finance

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asymmetric information, manipulation, news media, short sales

2.

Short-Selling Risk

Journal of Finance, Forthcoming, UNC Kenan-Flagler Research Paper No. 2312625
Number of pages: 47 Posted: 20 Aug 2013 Last Revised: 10 Nov 2017
University of California, San Diego (UCSD) - Rady School of Management, University of North Carolina Kenan-Flagler Business School and University of Utah - Department of Finance
Downloads 2,735 (9,452)
Citation 36

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short selling-risk, equity lending, market efficiency, limits to arbitrage, short sale

3.

Vote Trading and Information Aggregation

AFA 2006 Boston Meetings Paper, Sixteenth Annual Utah Winter Finance Conference, ECGI - Finance Working Paper No. 141/2007
Number of pages: 57 Posted: 20 Mar 2005
University of Toronto - Rotman School of Management, University of Pennsylvania - The Wharton School, Finance Department, University of North Carolina Kenan-Flagler Business School and University of Pennsylvania - Finance Department
Downloads 1,407 (26,788)
Citation 17

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information aggregation, voting rights, equity lending, vote trading

4.

The Loan Fee Anomaly: A Short Seller's Best Ideas

Forthcoming, Management Science, Kenan Institute of Private Enterprise Research Paper No. 3707166
Number of pages: 68 Posted: 03 Nov 2020 Last Revised: 20 Jun 2024
University of California, San Diego (UCSD) - Rady School of Management, University of Virginia - Darden School of Business, University of North Carolina at Chapel Hill, University of North Carolina Kenan-Flagler Business School and University of Utah - Department of Finance
Downloads 1,149 (35,940)
Citation 1

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Asset pricing anomalies, equity loan fees, short selling, securities lending

5.

When Brokerages Restrict Retail Investors, Does the Game Stop?

Columbia Business School Research Paper Forthcoming
Number of pages: 79 Posted: 17 Mar 2021 Last Revised: 22 Nov 2021
Charles M. Jones, Adam V. Reed and William Waller
Columbia University, University of North Carolina Kenan-Flagler Business School and Tulane University - Finance & Economics
Downloads 1,035 (41,787)
Citation 1

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GameStop, retail investors, trading restrictions, abnormal returns, equity and options bid-ask spreads, open interest, implied volatilities, realized volatilities

Failure is an Option: Impediments to Short Selling and Options Prices

EFA 2003 Glasgow
Number of pages: 46 Posted: 01 Aug 2003
University of Virginia - Darden School of Business, University of North Carolina Kenan-Flagler Business School, University of Pennsylvania - The Wharton School, Finance Department and University of Pennsylvania - Finance Department
Downloads 972 (44,942)
Citation 39

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Failure is an Option: Impediments to Short Selling and Options Prices

The Review of Financial Studies, Vol. 22, No. 5, pp. 1955-1980, 2009
Posted: 13 Apr 2009
University of Virginia - Darden School of Business, University of Pennsylvania - The Wharton School, Finance Department, University of Pennsylvania - Finance Department and University of North Carolina Kenan-Flagler Business School

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G12, G13, G29

7.

Can Short Restrictions Result in More Informed Short Selling? Evidence from the 2008 Regulations

Financial Management 42 (Spring, 2013), 155-181.
Number of pages: 43 Posted: 19 Mar 2009 Last Revised: 02 Aug 2017
Adam C. Kolasinski, Adam V. Reed and Jake Thornock
Texas A&M University - Department of Finance, University of North Carolina Kenan-Flagler Business School and Brigham Young University
Downloads 895 (51,179)
Citation 22

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Financial crisis, short sales, regulation

8.

Anomaly Time

Journal of Finance forthcoming
Number of pages: 90 Posted: 10 Nov 2017 Last Revised: 08 Nov 2023
Mays Business School at Texas A&M University, University of North Carolina Kenan-Flagler Business School, University of Utah - Department of Finance and Brigham Young University
Downloads 867 (53,597)
Citation 1

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anomalies, asset pricing, information economics

9.

Bears and Numbers: Investigating How Short Sellers Exploit and Affect Earnings-Based Pricing Anomalies

Number of pages: 44 Posted: 23 Jun 2005
Texas A&M University - Department of Finance, McKinsey & Co. Inc., University of North Carolina Kenan-Flagler Business School and University of Arizona - Department of Accounting (deceased)
Downloads 813 (58,285)
Citation 7

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Short sales, short interest, market efficiency, post earnings announcment drift, accruals

10.

Revealing Shorts: An Examination of Large Short Position Disclosures

AFA 2013 San Diego Meetings Paper
Number of pages: 63 Posted: 16 Aug 2011 Last Revised: 04 Mar 2015
Charles M. Jones, Adam V. Reed and William Waller
Columbia University, University of North Carolina Kenan-Flagler Business School and Tulane University - Finance & Economics
Downloads 771 (62,771)
Citation 25

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short sales, short interest, securities lending, secondary equity offering

11.

A Multiple Lender Approach to Understanding Supply and Search in the Equity Lending Market

Journal of Finance 68 (March, 2013), 559-595.
Number of pages: 56 Posted: 08 Mar 2008 Last Revised: 02 Aug 2017
Texas A&M University - Department of Finance, University of North Carolina Kenan-Flagler Business School and University of Utah - Department of Finance
Downloads 654 (77,497)
Citation 53

Abstract:

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short sale constraints, equity lending, short selling

12.

The Market for Record-Date Ownership

Number of pages: 37 Posted: 20 Mar 2002
University of Toronto - Rotman School of Management, University of North Carolina Kenan-Flagler Business School, University of Pennsylvania - The Wharton School, Finance Department and University of Pennsylvania - Finance Department
Downloads 554 (95,403)
Citation 3

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Equity Lending, Shareholder Proposals, Dividend Arbitrage

13.

The Long and the Short of it: Evidence of Year-End Price Manipulation by Short Sellers

AFA 2012 Chicago Meetings Paper
Number of pages: 51 Posted: 23 Mar 2009 Last Revised: 17 Nov 2012
Jesse Blocher, Joseph Engelberg and Adam V. Reed
Vanderbilt University - Finance, University of California, San Diego (UCSD) - Rady School of Management and University of North Carolina Kenan-Flagler Business School
Downloads 530 (100,840)
Citation 8

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Short Sales, Hedge Funds, Mutual Funds, Incentives, Manipulation

14.

Cross-ETF Arbitrage

Number of pages: 38 Posted: 20 Dec 2023 Last Revised: 13 Jan 2024
Office of Financial Research, U.S. Department of the Treasury, George Washington University - Department of Finance and University of North Carolina Kenan-Flagler Business School
Downloads 451 (122,428)

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exchange-traded fund, ETF, short selling, securities lending, sec lending, arbitrage, loan fee, lending fee

15.

Connecting Two Markets: An Equilibrium Framework for Shorts, Longs and Stock Loans

Number of pages: 52 Posted: 15 Feb 2010 Last Revised: 09 Jul 2024
Vanderbilt University - Finance, University of North Carolina Kenan-Flagler Business School and University of Colorado at Boulder - Department of Finance
Downloads 441 (125,723)
Citation 36

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Short Selling, Supply and Demand, Equity Lending Market, Earnings Announcements, Dividends, Regulation

16.

Shorting in Broad Daylight: Short Sales and Venue Choice

Journal of Financial and Quantitative Analysis, Forthcoming, Kenan Institute of Private Enterprise Research Paper No. 18-14, SMU Cox School of Business Research Paper No. 18-27
Number of pages: 42 Posted: 01 Aug 2018 Last Revised: 09 Sep 2019
University of North Carolina Kenan-Flagler Business School, Board of Governors of the Federal Reserve System and FINRA
Downloads 435 (127,712)
Citation 18

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Information, market design, trading, short sales, return predictability

17.

Short Sales Constraints and the Diversification Puzzle

Number of pages: 51 Posted: 28 Jul 2015 Last Revised: 11 Sep 2019
University of North Carolina Kenan-Flagler Business School, University of Cambridge - Judge Business School and University of Colorado at Boulder - Department of Finance
Downloads 382 (148,155)
Citation 3

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Diversification discount, short-sales constraints, differences of beliefs, equity lending, conglomerates.

18.

The Limits to Dividend Arbitrage: Implications for Cross Border Investment

Rodney L. White Center for Financial Research Working Paper No. 08-03
Number of pages: 30 Posted: 25 Jun 2003
University of Toronto - Rotman School of Management, University of North Carolina Kenan-Flagler Business School, University of Pennsylvania - The Wharton School, Finance Department and University of Pennsylvania - Finance Department
Downloads 381 (148,573)
Citation 6

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19.

A Survey of Short Selling Regulations

Number of pages: 38 Posted: 23 Apr 2023 Last Revised: 17 Apr 2024
Amy K. Edwards, Adam V. Reed and Pedro Saffi
Securities and Exchange Commission (SEC), University of North Carolina Kenan-Flagler Business School and University of Cambridge - Judge Business School
Downloads 360 (158,787)

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Market efficiency, liquidity, regulation, securities lending, short selling

20.

Dancing to the Same Tune: Commonality in Securities Lending Fees

Number of pages: 82 Posted: 27 Oct 2020 Last Revised: 30 Jan 2024
Office of Financial Research, U.S. Department of the Treasury, University of North Carolina Kenan-Flagler Business School and University of North Carolina Kenan-Flagler Business School
Downloads 262 (220,817)

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short selling, commonality, factors, lending fees, loan fees, principal component analysis, PCA

21.

Mutual Fund Shorts and the Benefits of Acquiring Information

Kenan Institute of Private Enterprise Research Paper No. 4559418
Number of pages: 52 Posted: 20 Sep 2023
Boone Bowles and Adam V. Reed
Mays Business School at Texas A&M University and University of North Carolina Kenan-Flagler Business School
Downloads 142 (383,558)

Abstract:

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mutual funds, information economics, short selling

22.

Short Selling

Annual Review of Financial Economics, Vol. 5, pp. 245-258, 2013
Posted: 08 Nov 2013
Adam V. Reed
University of North Carolina Kenan-Flagler Business School

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23.

The New Game in Town: Competitive Effects of IPOs

Journal of Finance, Forthcoming
Posted: 22 Mar 2009
Scott Hsu, Adam V. Reed and Jörg Rocholl
University of Arkansas - Department of Finance, University of North Carolina Kenan-Flagler Business School and ESMT European School of Management and Technology

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IPOs, competitive effects, financial certification, knowledge capital

24.

Leaning for the Tape: Evidence of Gaming Behavior in Equity Mutual Funds

Posted: 19 Nov 2002
Kepos Capital LP, University of North Carolina Kenan-Flagler Business School, University of Rochester - Simon Business School and University of Pennsylvania - Finance Department

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