这几篇文章的共同点是证明了: 所谓公开市场,实际和市场阴谋论者所宣称的一样,并非真正的公开市场。整个市场都是被操纵的(entire share-trading system is rigged)。
换句话说,股市,不过是大户收割,散户牺牲的韭菜地。
所涉论文题目:
”政治关系和内幕交易之信息管道“ - "Political connections and the informativeness of insider trades" by Alan D. Jagolinzer, Judge Business School, University of Cambridge; David F. Larcker, Graduate School of Business, Rock Center for Corporate Governance, Stanford University; Gaizka Ormazabal, IESE Business School, University of Navarra; Daniel J. Taylor, the Wharton School, University of Pennsylvania. Rock Center for Corporate Governance at Stanford University, Working Paper No. 222.
"券商和订单流泄露:亏损甩卖的证据” - "Brokers and order flow leakage: evidence from fire sales" by Andrea Barbon, Marco Di Maggio, Francesco Franzoni, Augustin Landler. National Bureau of Economist Research, Working Paper 24089, December, 2017;
“股市中券商关系圈与信息弥散之关系” "The Relevance of Broker Networks for Information Diffusion in the Stock Market" by Marco Di Maggio, Francesco Franzoni, Amir Kermani and Carlo Summavilla. NBER Working Paper, No 23522, June, 2017.