Luc Paugam, PhD, CFA

Associate professor @HECParis. Forvis Mazars chair for Purposeful Governance. Research on corporate frauds, ESG, and corporate disclosures.

[Luc Paugam, PhD, CFA @LucPaugam]

When a firm is targeted by an activist short seller, the consequences go beyond stock prices. We show that banks tend to increase interest rates on new loans after a short report is released—above changes in credit risks. https://t.co/FqVDDLoVTQ

[John B. Holbein @JohnHolbein1]

p = 0.051

[Dan Taylor @ProfAnalytics]

Did you know since Q1-2024, 64% of all Chinese IPOs in US markets have already crashed more than -50%?

A recording of my @SECGov presentation on Chinese Pump and Dumps is now available. This is as animated as SEC presentations get. https://t.co/whYq4AJxpB

SEC rules have failed miserably at protecting investors in US-listed Chinese companies. And so has @NASDAQ. Take 20m to stop scrolling and learn about all the egregious loopholes that US-listed Chinese companies are exploiting, and the systematic evidence.

At 16:55 @StockJabber's website https://t.co/EaFE5DPBoJ gets a mention. @adenatfriedman @Nasdaq

[SSRN @SSRN]

This study examines how activist short sellers gather and share #information & finds they follow a three-stage process: idea generation, validation, & strategic report writing.

Read: https://t.co/bv74SLSRWQ
Subscribe: https://t.co/SyxJYp0f1e

#EconTwitter @LucPaugam @SPGlobal

[Luc Paugam, PhD, CFA @LucPaugam]

@StockJabber A measured scaled to take into account the size of the company

[Luc Paugam, PhD, CFA @LucPaugam]

Do banks react following activist short sellers' campaigns? Short answer: Yes. See new research at: https://t.co/hE0fzJUBzH

[Mar_pgm @Mar_djo]

Comptastar @COMPTASTAR - Le cabinet comptable qui ne respecte rien : ni ses engagements, ni ses clients.
Je vous raconte.
#comptastar #entrepreneur #LMNP #SASU #comptabilite #businessfail #rendlargent

[ZorLife App @ZorLife_app]

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[Luc Paugam, PhD, CFA @LucPaugam]

Excited to announce our paper on how r/WallStreetBets shaped finance with popular expertise is coming to AOS! Read more: https://t.co/aZK2E9H6WG

[Luc Paugam, PhD, CFA @LucPaugam]

This made me laugh

[FT Alphaville @FTAlphaville]

Hodlers: an apology https://t.co/aDJdYXuCQD

[FT Alphaville @FTAlphaville]

Hodlers: an apology https://t.co/aDJdYXuCQD

[CFA Society France @CFAFrance]

Daniel Yu (Gotham City Research) surrounded by CFA charterholders after the conference on short selling, financial deception and corporate malpractice.

[CFA Society France @CFAFrance]

.@LucPaugam, CFA, kicks off our evening conference with @GothamResearch's Daniel Yu.

[Luc Paugam, PhD, CFA @LucPaugam]

@IQSOG @XerfiCanal @HECParis @HECKnowledge @HECParisExecEd @stolowy13942 @HEC_Montreal @IcebergResear

[Knowledge@HEC @HECKnowledge]

@IQSOG @XerfiCanal @HECParis @HECParisExecEd @stolowy13942 @LucPaugam @HEC_Montreal Vous pouvez retrouver une interview d'Arnaud Vagner, activiste short-sellers d'Iceberg Research, qui a été mentionnés, ici : https://t.co/eEFil6BLsj

[IQSOG @IQSOG]

#IQSOG | @XerfiCanal

Fonds activistes à découvert : justiciers ou criminels ?

Par Hervé Stolowy, @HECParis

https://t.co/QpIPR7NMxE

[Luc Paugam, PhD, CFA @LucPaugam]

@StockJabber I agree that is one of the best! In this paper, we examine some gems in activist short sellers' reports: https://t.co/Scb1iomObs

[Edwin Dorsey @StockJabber]

Someone recently asked me what was the greatest activist short report of all time

IMO it's Gotham City Research's July 1, 2014 report on Let's Gowex, a Spanish Wifi provider that went bankrupt within a week

"Over 90% of Gowex’s reported revenues do not exist."

[Luc Paugam, PhD, CFA @LucPaugam]

Awesome read about the real stories behind the buzz words of the #crypto universe, by @ZekeFaux! I knew a few things about the main crypto frauds, but reality is considerably worse than I thought!

[Alex Edmans @aedmans]

The high returns to carbon-emitting stocks may not be because the market is pricing in carbon risk, but because polluters can get away with their emissions due to government inaction. FT article; underlying research at https://t.co/2MFDGikuLP. https://t.co/N3Msiq1626