Informative content of insider purchases: evidence from the financial crisis
نویسندگان
چکیده
منابع مشابه
The Informative Content of CEO and CFO Insider Trading: New Evidence from the Financial Crisis
This paper investigates the impact of CEO and CFO insider purchases on stock returns. The analysis distinguishes between the opportunistic and routine trades made before, during and after the financial crisis of 2007-2008. The results suggest that the informative content of insider trading is weaker than what prior research suggests. The returns on purchases are stronger in the short term and C...
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ژورنال
عنوان ژورنال: Review of Behavioral Finance
سال: 2014
ISSN: 1940-5979
DOI: 10.1108/rbf-01-2014-0008