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Insider Trading Following Material News Events: Evidence from Earnings
12 references·16 citing·42 second hop
Insider Trading Following Material News Events: Evidence from Earnings (1994)Insider Trading Following Material News E…The Effect of Information Releases on the Pricing and Timing of Equity Issues (1991)The Effect of Information Rel…Insider Trading in the OTC Market (1990)Insider Trading in the OTC Ma…The Multiperiod Information Content of Accounting Earnings: Confirmations and Contradictions of Previous Earnings Reports (1989)The Multiperiod Information C…Post-Earnings-Announcement Drift: Delayed Price Response or Risk Premium? (1989)Post-Earnings-Announcement Dr…The Information Content of Aggregate Insider Trading (1988)The Information Content of Ag…Stock prices and top management changes (1988)Stock prices and top manageme…Insiders' profits, costs of trading, and market efficiency (1986)Insiders' profits, costs of t…Insider Trading and the Exploitation of Inside Information: Some Empirical Evidence (1985)Insider Trading and the Explo…The Association between Insider Trading and Information Announcements (1984)The Association between Insid…INSIDERS AND MARKET EFFICIENCY (1976)INSIDERS AND MARKET EFFICIENCYSpecial Information and Insider Trading (1974)Special Information and Insid…Predictive and Statistical Properties of Insider Trading (1968)Predictive and Statistical Pr…Sell-side analyst heterogeneity and insider trading (2020)Sell-side analyst heterogenei…Analyst talent, information, and insider trading (2020)Analyst talent, information, …The Information Advantage of Underwriters in IPOs (2019)The Information Advantage of …Does Consumer Protection Enhance Disclosure Credibility in Reward Crowdfunding? (2019)Does Consumer Protection Enha…A competitive advantage from the implementation timing of ISO management standards (2015)A competitive advantage from …Do voluntary corporate restrictions on insider trading eliminate informed insider trading? (2014)Do voluntary corporate restri…To Trade or Not to Trade: The Strategic Trading of Insiders around News Announcements (2010)To Trade or Not to Trade: The…Prebid Run‐Ups Ahead of Canadian Takeovers: How Big Is the Problem? (2009)Prebid Run‐Ups Ahead of Canad…Are corporate managers savvy about their stock price? Evidence from insider trading after earnings announcements (2009)Are corporate managers savvy …Information trading by corporate insiders based on accounting accruals: forecasting economic performance (2006)Information trading by corpor…Financial Restatement Announcements and Insider Trading (2006)Financial Restatement Announc…Information Asymmetry and Cross-Sectional Determinants of Insider Trading (2003)Information Asymmetry and Cro…Are trading bans effective? Exchange regulation and corporate insider transactions around earnings announcements (2002)Are trading bans effective? E…An investigation of causality between insider transactions and stock returns (2002)An investigation of causality…Evidence of Selling by Managers after Seasoned Equity Offering Announcements (1997)Evidence of Selling by Manage…An Analysis of Prices, Bid/Ask Spreads, and Bid and Ask Depths Surrounding Ivan Boesky's Illegal Trading in Carnation's Stock (1997)An Analysis of Prices, Bid/As…EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Risk measurement when shares are subject to infrequent trading (1979)Measuring security price performance (1980)Jeopardy, non-public information, and insider trading around SEC 10-K and 10-Q filings (2006)Information Content of Insider Trades before and after the Sarbanes-Oxley Act (2010)Shareholder Wealth Consequences of Insider Pledging of Company Stock as Collateral for Personal Loans (2017)Asset returns and inflation (1977)Time Series Analysis: Forecasting and Control (1977)Permanent and Temporary Components of Stock Prices (1988)Are Insiders' Trades Informative? (1998)Venture Capital Distributions: Short‐Run and Long‐Run Reactions (1998)Share Pledges and Margin Call Pressure (2018)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Informational Asymmetries, Financial Structure, and Financial Intermediation (1977)Corporate financing and investment decisions when firms have information that investors do not have (1984)Investment Banking and Securities Issuance (2003)Initial Public Offerings in Hot and Cold Markets (2004)Do firms have leverage targets? Evidence from acquisitions (2009)THE PERFORMANCE OF MUTUAL FUNDS IN THE PERIOD 1945–1964 (1968)Portfolio Theory and Capital Markets. (1972)Merger Announcements and Insider Trading Activity: An Empirical Investigation (1981)Insider Trading around Dividend Announcements: Theory and Evidence (1991)Corporate policies restricting trading by insiders (2000)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Investor sentiment and the near-term stock market (2003)The relationship between return and market value of common stocks (1981)Agency Problems and the Theory of the Firm (1980)Separation of Ownership and Control (1983)Large Shareholders and Corporate Control (1986)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)A Survey of Corporate Governance (1997)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Efficient Capital Markets: II (1991)Market Efficiency, Long-Term Returns, and Behavioral Finance (1997)Are Insider Trades Informative? (2001)Decoding Inside Information (2010)Insider Trading In A Rational Expectations Economy (2016)Opportunism as a firm and managerial trait: Predicting insider trading profits and misconduct (2017)Investor Psychology and Asset Pricing (2001)More Than Words: Quantifying Language to Measure Firms' Fundamentals (2008)Does the stock market fully value intangibles? Employee satisfaction and equity prices (2011)
this work references cited by second hop

References

  • 1989Post-Earnings-Announcement Drift: Delayed Price Response or Risk Premium?2,314 cited
  • 1988Stock prices and top management changes1,572 cited
  • 1974Special Information and Insider Trading1,236 cited
  • 1986Insiders' profits, costs of trading, and market efficiency1,219 cited
  • 1976INSIDERS AND MARKET EFFICIENCY488 cited
  • 1991The Effect of Information Releases on the Pricing and Timing of Equity Issues425 cited
  • 1990Insider Trading in the OTC Market354 cited
  • 1988The Information Content of Aggregate Insider Trading335 cited
  • 1985Insider Trading and the Exploitation of Inside Information: Some Empirical Evidence297 cited
  • 1968Predictive and Statistical Properties of Insider Trading283 cited
  • 1989The Multiperiod Information Content of Accounting Earnings: Confirmations and Contradictions of Previous Earnings Reports229 cited
  • 1984The Association between Insider Trading and Information Announcements202 cited

Cited by

  • 2015A competitive advantage from the implementation timing of ISO management standards132 cited
  • 1997An Analysis of Prices, Bid/Ask Spreads, and Bid and Ask Depths Surrounding Ivan Boesky's Illegal Trading in Carnation's Stock107 cited

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2014
Do voluntary corporate restrictions on insider trading eliminate informed insider trading?
96 cited
  • 2002Are trading bans effective? Exchange regulation and corporate insider transactions around earnings announcements82 cited
  • 2009Prebid Run‐Ups Ahead of Canadian Takeovers: How Big Is the Problem?78 cited
  • 2019Does Consumer Protection Enhance Disclosure Credibility in Reward Crowdfunding?63 cited
  • 2010To Trade or Not to Trade: The Strategic Trading of Insiders around News Announcements57 cited
  • 2020Analyst talent, information, and insider trading45 cited
  • 1997Evidence of Selling by Managers after Seasoned Equity Offering Announcements38 cited
  • 2003Information Asymmetry and Cross-Sectional Determinants of Insider Trading37 cited
  • 2009Are corporate managers savvy about their stock price? Evidence from insider trading after earnings announcements34 cited
  • 2002An investigation of causality between insider transactions and stock returns34 cited
  • 2019The Information Advantage of Underwriters in IPOs32 cited
  • 2006Financial Restatement Announcements and Insider Trading31 cited
  • 2020Sell-side analyst heterogeneity and insider trading28 cited
  • 2006Information trading by corporate insiders based on accounting accruals: forecasting economic performance26 cited