| Author: | Jiang, G. Mahoney, P.G. Mei, J. |
| Title: | Market manipulation: a comprehensive study of stock pools |
| Journal: | Journal of Financial Economics
2005 : JULY, VOL. 77:1, p. 147-170 |
| Index terms: | Finance Stock markets |
| Freeterms: | Market regulation |
| Language: | eng |
| Abstract: | This article examines a classic account of stock market manipulation, the stock pools of the 1920s. It studies abnormal turnover and returns and the relation between them, as well as the long-term performance of selected stocks. The writers conclude that the evidence suggests informed trading rather than manipulation. |
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