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Article: Insider trading and long-run return performance.(Financial Management Silver Anniversary Commemoration)
- Article from:
- Financial Management
- Article date:
- June 22, 1995
- Author:
CopyrightCOPYRIGHT 1995 Financial Management Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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This paper provides an empirical examination of the propensity, probability, and aggregate profitability of insider transactions by managers of all NYSE- and AMEX-listed firms. Specifically, we focus on the patterns of insider trading in the marketplace prior to, during, and after long-run periods of abnormal stock market performance. With these estimates, we are able to characterize the form and nature of insider trading conditional on performance. The results help to answer questions regarding whether insiders appear to have, and make widespread use of, valuable inside information, whether substantial wealth transfers result from such investment activities, and whether ...
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Article: Erskine sentenced to 3 months for insider trading
Charleston Gazette;
June 2, 2001 ;
541 words
... ... the first known case of Internet- based insider stock trading, a judge in New York ... pleaded guilty to conspiracy and insider trading charges earlier this year in southern ... case's Internet connection gave the insider trading charges a new twist: Some of the defendants ...
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