Market Efficiency and Insider Trading: New Evidence

Keywords

Insider trading, Insider, Earnings, Market efficiency, Monetary economics

References

• The effect of regulation changes on insider tradingJeffrey F. Jaffe — 1974
• Size and Earnings/Price Ratio Anomalies: One Effect or Two?Thomas J. Cook, Michael S. Rozeff — 1984
• Special Information and Insider TradingJeffrey F. Jaffe — 1974
• Predictive and Statistical Properties of Insider TradingJames H. Lorie, Victor Niederhoffer — 1968
• Transaction costs and the small firm effectHans R. Stoll, Robert E. Whaley — 1983
• Insider Trading and the Exploitation of Inside Information: Some Empirical EvidenceDan Givoly, Dan Palmon — 1985
• The Information Content of Aggregate Insider TradingH. Nejat Seyhun — 1988
• Split information, stock returns and market efficiency-IGuy Charest — 1978
• Capital Market Equilibrium with Restricted BorrowingFischer Black — 1972
• Insiders and Market EfficiencyJoseph E. Finnerty — 1976
• Insiders' Activity and Inside Information: A Multivariate AnalysisJoseph E. Finnerty — 1976
• MEASURING SECURITY PRICE PERFORMANCEStephen J. Brown, Jerold B. Warner — 1980
• The relationship between earnings' yield, market value and return for NYSE common stocks: Further evidenceSanjoy Basu — 1983
• Sample‐Dependent Results Using Accounting and Market Data: Some EvidenceRolf W. Banz, William J. Breen — 1986
• The Adjustment of Stock Prices to New InformationEugene F. Fama, Lawrence Fisher, Michael C. Jensen — 1969
• Anomalies in Security Returns and the Specification of the Market ModelStephen J. Brown, Christopher B. Barry — 1984
• The relationship between return and market value of common stocksRolf W. Banz — 1981
• Risk and return: The case of merging firmsGershon Mandelker — 1974
• Foundations of Finance.Dennis E. Logue, Eugene F. Fama — 1977
• Insider Trading and the Stock Market.Benton E. Gup, Henry G. Manne — 1967

Cited by

• Two Essays on the Probability of Informed TradingMarius Popescu — 2007
• La obtención de inteligencia antiterrorista en los mercados de valoresFernando Navarrete Rojas — 2004
• Aggregate Insider Trading and the Predictability of Market Returns: Contrarian Strategy or Managerial Timing?Xiaoquan Jiang, Mir A. Zaman — 2007
• INSIDER TRADING IN THE SPANISH STOCK MARKETAnalisis Economico, Y Contabilidad, Miguel de Unamuno — 2001
• Does corporate ownership impact the probability of informed tradingSyed Walid Reza — 2008
• Do Corporate Managers Trade Against Short SellersHarrison Liu, Edward P. Swanson — 2011
• The Announcement Effects of Insider TradingAhmad Fawwaz, Mohd Nasarudin — 2009
• Board of Directors Monitoring of CEO Insider Trading: Before and After the Sarbanes-Oxley ActAlireza Ebrahim — 2012
• Essays in insider trading, informational efficiency, and asset pricingStephen Clark — 2014
• Insider Trading in the Hong Kong Stock MarketMichael C. S. Wong, Yan‐Leung Cheung, Lifan Wu — 2000
• The efficient market hypothesis and the video game industryM. Racko — 2013
• Managerial Insider Trading and OpportunismMehmet Akbulut — 2007
• Trading Patterns of Corporate Insiders Prior to Securities Class Action AnnouncementsXiaoli Zhang — 2011
• Insider trading at the turn of the century: two essaysSemih Tartaroglu — 2009
• The Impact of the London Stock Exchange Model Code on Insider Trading in the UKDavid Hillier, Andrew Marshall — 1997
• Insider trading e governança corporativa: o perfil e prática dos insiders de empresas de governança corporativa diferenciada da BOVESPARicardo Ratner Rochman — 2009
• Why insiders in some firms are more inside than those in others : cross-sectional determinants and effects of insider purchase profitabilityYong Yang — 2005
• An empirical analysis of patterns in, and the informativeness of, director trading in the UKBasel Nassar — 2014
• Cross-Section of Stock Returns: : Conditional vs. Unconditional and Single Factor vs. Multifactor ModelsRustam Vosilov, Nicklas Bergström — 2010
• Ethics and Financial Markets: The Role of the AnalystMarianne M. Jennings — 2013

Related papers

• Are Insider Trades InformativeJosef Lakonishok, Inmoo Lee — 2001
• Insiders' profits, costs of trading, and market efficiencyH. Nejat Seyhun — 1986
• Special Information and Insider TradingJeffrey F. Jaffe — 1974
• Insiders and Market EfficiencyJoseph E. Finnerty — 1976
• Estimating the Returns to Insider Trading: A Performance-Evaluation PerspectiveLeslie Jeng, Andrew Metrick, Richard Zeckhauser — 1999
• What Insiders Know About Future Earnings and How They Use It: Evidence From Insider TradesBin Ke, Steven J. Huddart, Kathy R. Petroni — 2001
• Overreaction and Insider Trading: Evidence from Growth and Value PortfoliosMichael S. Rozeff, Mir A. Zaman — 1998
• Insider Trading in the OTC MarketJi‐Chai Lin, John S. Howe — 1990