Equity Financing, Equity Lending, and Price Pressure: The Case of DRIP Arbitrage

Author:

Ang Tze Chuan,Chang Xin,Hu Xiaoxiong,Verwijmeren Patrick

Publisher

Elsevier BV

Reference60 articles.

1. Group Ltd, we saw less value in the trade as more clients took the stock election and companies placed restrictions on the plan or reduced the discount;Securities Lending Quarterly 2006 Q1. Securities Lending Quarterly,2009

2. DRIP trading returns were consistent with 2008 as clients had a preference for the cash option (election that enables the arbitrage) and demand was strong from borrowers;Securities Lending Quarterly Q4 2009. Electronic copy available at,2009

3. Determinants of a firm's decision to utilize a dividend reinvestment plan and shareholder participation rates: Australian evidence;Reference Abraham;Pacific-Basin Finance Journal,2015

4. The role of institutional investors in voting: Evidence from the securities lending market;R Aggarwal;Journal of Finance,2015

5. Taxes, Order Imbalance and Abnormal Returns around the ex-Dividend day;A B Ainsworth;International Review of Finance,2018

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