%PDF-1.5 % 1 0 obj << /S /GoTo /D (section.1) >> endobj 4 0 obj (I Introduction) endobj 5 0 obj << /S /GoTo /D (section.6) >> endobj 8 0 obj (II Literature Review) endobj 9 0 obj << /S /GoTo /D (section.9) >> endobj 12 0 obj (III The Market for Borrowing Stock) endobj 13 0 obj << /S /GoTo /D (section.12) >> endobj 16 0 obj (IV Research Design) endobj 17 0 obj << /S /GoTo /D (subsection.13) >> endobj 20 0 obj (A Hypotheses) endobj 21 0 obj << /S /GoTo /D (subsection.21) >> endobj 24 0 obj (B Data) endobj 25 0 obj << /S /GoTo /D (subsection.24) >> endobj 28 0 obj (C Descriptive Statistics) endobj 29 0 obj << /S /GoTo /D (section.25) >> endobj 32 0 obj (V Empirical Results) endobj 33 0 obj << /S /GoTo /D (subsection.26) >> endobj 36 0 obj (A How does institutional ownership structure affect equity lending supply?) endobj 37 0 obj << /S /GoTo /D (subsection.29) >> endobj 40 0 obj (B How does institutional ownership structure affect short sale constraints?) endobj 41 0 obj << /S /GoTo /D (subsection.31) >> endobj 44 0 obj (C Propensity Score Matched Sample) endobj 45 0 obj << /S /GoTo /D (subsection.32) >> endobj 48 0 obj (D Loan Demand Shocks, Stock Returns and the Role of Ownership Structure) endobj 49 0 obj << /S /GoTo /D (subsubsection.33) >> endobj 52 0 obj (D.1 Portfolio Analysis) endobj 53 0 obj << /S /GoTo /D (subsubsection.35) >> endobj 56 0 obj (D.2 Cross-Sectional Estimations) endobj 57 0 obj << /S /GoTo /D (section.40) >> endobj 60 0 obj (VI Robustness Checks) endobj 61 0 obj << /S /GoTo /D (subsection.41) >> endobj 64 0 obj (A Four-Factor Model Calendar-Time Regressions) endobj 65 0 obj << /S /GoTo /D (subsection.42) >> endobj 68 0 obj (B Short-term Liquidity, Lending Costs, and Breadth) endobj 69 0 obj << /S /GoTo /D (section.43) >> endobj 72 0 obj (VII Concluding Remarks) endobj 73 0 obj << /S /GoTo /D (section*.44) >> endobj 76 0 obj (Bibliography) endobj 77 0 obj << /S /GoTo /D [78 0 R /Fit] >> endobj 80 0 obj << /Length 2032 /Filter /FlateDecode >> 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