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The Signaling Effect of Listed Companies’ Executives’ Shares Reduction —Empirical Evidence from Securities Lending Transactions in Chinese A Share Market

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Figure

Table 1. Descriptive statistics: Reduction proportion of all announcements and sample announcements (unit: ‰)
Figure 1. Column chart: The mean of average daily shares sold short during event pe-riods and non-event period (unit: million shares)
Table 3. Regression results: Samples grouped by revenue growth versus the whole sam-ples

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