封面
声明
目录
英文摘要
中文摘要
Introduction
1. Literature review
1.1 Studies about the effect of short sale constraint
1.2 Studies about the effect of divergence of opinions
1.3 Study on short sale constraint and differences of opinions together
1.4 Research on the A share market
2. Measurement for differences of opinions and short sale constraint
2.1 Proxies for differences of opinions
2.2 Proxies for short sale constraint
2.3 Definition of RELATIVE_RETURN
3. Data and sample description
3.1 Sample description
3.2 Change of differences of opinions after the earnings announcement
4. Correlation between the proxies and relative return
4.1 Influence of differences of opinions and short sale constraint on relative return
4.2 Impact of short sale constraint
4.3 The hedge return around a longer event window
5. Robust test
5.1 The effect of MV and MB
5.2 The effect of leverage
5.3 The effect of return of momentum
5.4 The effect of post-earnings announcement drift
Conclusion
参考文献
致谢
答辩决议书