SZodixStudyAcademic Library
ShelvesOpen access
Study · an open academic library·Metadata from OpenAlex (CC0)·Shelves·OpenAlex metadata, de-duplicated
Do Short Sellers Front-Run Insider Sales?
16 references·16 citing·40 second hopsampled
Do Short Sellers Front-Run Insider Sales? (2011)Do Short Sellers Front-Run Insider Sales?The Econometrics of Financial Markets (2012)The Econometrics of Financial…Which Shorts Are Informed? (2007)Which Shorts Are Informed?Short interest, institutional ownership, and stock returns (2005)Short interest, institutional…DotCom Mania: The Rise and Fall of Internet Stock Prices (2003)DotCom Mania: The Rise and Fa…The Quality of Accruals and Earnings: The Role of Accrual Estimation Errors (2002)The Quality of Accruals and E…Are Insider Trades Informative? (2001)Are Insider Trades Informativ…Information Asymmetry, R&D, and Insider Gains (2000)Information Asymmetry, R&D, a…The Econometrics of Financial Markets (1997)The Econometrics of Financial…Event Studies in Economics and Finance (1997)Event Studies in Economics an…Do Stock Prices Fully Reflect Information in Accruals and Cash Flows about Future Earnings? (1997)Do Stock Prices Fully Reflect…Do Stock Prices Fully Reflect Information in Accruals and Cash Flows About Future Earnings? (1996)Do Stock Prices Fully Reflect…Stealth trading and volatility (1993)Stealth trading and volatilityPerceived Auditor Quality and the Earnings Response Coefficient (1993)Perceived Auditor Quality and…Constraints on short-selling and asset price adjustment to private information (1987)Constraints on short-selling …Insiders' profits, costs of trading, and market efficiency (1986)Insiders' profits, costs of t…Risk, Return, and Equilibrium: Empirical Tests (1973)Risk, Return, and Equilibrium…Do Firms Redact Information from Material Contracts to Conceal Bad News? (2021)Do Firms Redact Information f…Short Selling: A Review of the Literature and Implications for Future Research (2020)Short Selling: A Review of th…Short-sale constraints and stock price crash risk: Causal evidence from a natural experiment (2019)Short-sale constraints and st…Short Sellers and Long-Run Management Forecasts (2019)Short Sellers and Long-Run Ma…Know Thy Neighbor: Industry Clusters, Information Spillovers, and Market Efficiency (2018)Know Thy Neighbor: Industry C…Insider Sales under the Threat of Short Sellers: New Hypothesis and New Tests (2018)Insider Sales under the Threa…Do Short Sellers Trade on Private Information or False Information? (2018)Do Short Sellers Trade on Pri…Board interlock networks and informed short sales (2018)Board interlock networks and …Value-Relevance of Corporate Social Responsibility: Evidence from Short Selling (2016)Value-Relevance of Corporate …Short Interest, Returns, and Unfavorable Fundamental Information (2016)Short Interest, Returns, and …Is price support a motive for increasing share repurchases? (2016)Is price support a motive for…Information advantage, short sales, and stock returns: Evidence from short selling reform in China (2016)Information advantage, short …Is there information leakage prior to share repurchase announcements? Evidence from daily options trading (2015)Is there information leakage …Rational Information Leakage (2014)Rational Information LeakageSpillover Effect of Fraud Allegations and Investor Sentiment (2012)Spillover Effect of Fraud All…Informed or Speculative: Short Selling Analyst Recommendations (2009)Informed or Speculative: Shor…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Behavior of Stock-Market Prices (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Cross-Section of Expected Stock Returns (1992)The arbitrage theory of capital asset pricing (1976)Corporate financing and investment decisions when firms have information that investors do not have (1984)Stock Market Liberalization, Economic Reform, and Emerging Market Equity Prices (2000)Capital markets research in accounting (2001)Introductory Econometrics for Finance (2008)RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION (1977)Information Effects on the Bid-Ask Spread (1983)Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Market liquidity and volume around earnings announcements (1994)Differences of Opinion and the Cross Section of Stock Returns (2002)Differences of Opinion, Short-Sales Constraints, and Market Crashes (2003)Continuous Auctions and Insider Trading (1985)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)Intellectual capital and new product development performance: The mediating role of organizational learning capability (2008)Board Diversity and Corporate Social Responsibility: Empirical Evidence from France (2020)The Pollution Premium (2020)Accounting earnings and cash flows as measures of firm performance (1994)A Review of the Earnings Management Literature and Its Implications for Standard Setting (1999)Errors in Estimating Accruals: Implications for Empirical Research (2002)How does financial reporting quality relate to investment efficiency? (2009)A review of archival auditing research (2014)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Stock price reaction to news and no-news: drift and reversal after headlines (2003)The Influence of Analysts, Institutional Investors, and Insiders on the Incorporation of Market, Industry, and Firm-Specific Information into Stock Prices (2004)Decoding Inside Information (2012)The economic implications of corporate financial reporting (2005)The market pricing of accruals quality (2005)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)The Economic Costs of Conflict: A Case Study of the Basque Country (2003)Giving Content to Investor Sentiment: The Role of Media in the Stock Market (2007)Market Liquidity and Funding Liquidity (2008)Editor's Choice Digesting Anomalies: An Investment ApproachInvestor Psychology and Asset Pricing (2001)… and the Cross-Section of Expected Returns (2015)Predicting Excess Stock Returns Out of Sample: Can Anything Beat the Historical Average? (2007)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1973Risk, Return, and Equilibrium: Empirical Tests14,248 cited
  • 2012The Econometrics of Financial Markets5,875 cited
  • 2002The Quality of Accruals and Earnings: The Role of Accrual Estimation Errors5,163 cited
  • 1997The Econometrics of Financial Markets5,007 cited
  • 1997Event Studies in Economics and Finance4,623 cited
  • 1996Do Stock Prices Fully Reflect Information in Accruals and Cash Flows About Future Earnings?2,636 cited
  • 1997Do Stock Prices Fully Reflect Information in Accruals and Cash Flows about Future Earnings?2,181 cited
  • 1987Constraints on short-selling and asset price adjustment to private information1,796 cited
  • 2000Information Asymmetry, R&D, and Insider Gains1,528 cited
  • 2001Are Insider Trades Informative?1,229 cited
  • 1986Insiders' profits, costs of trading, and market efficiency1,219 cited
  • 1993Perceived Auditor Quality and the Earnings Response Coefficient1,168 cited
  • 2005Short interest, institutional ownership, and stock returns1,012 cited
  • 2007Which Shorts Are Informed?966 cited
  • 1993Stealth trading and volatility948 cited
  • 2003

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

DotCom Mania: The Rise and Fall of Internet Stock Prices
916 cited

Cited by

  • 2016Value-Relevance of Corporate Social Responsibility: Evidence from Short Selling130 cited
  • 2019Short-sale constraints and stock price crash risk: Causal evidence from a natural experiment113 cited
  • 2020Short Selling: A Review of the Literature and Implications for Future Research98 cited
  • 2018Know Thy Neighbor: Industry Clusters, Information Spillovers, and Market Efficiency95 cited
  • 2009Informed or Speculative: Short Selling Analyst Recommendations69 cited
  • 2016Short Interest, Returns, and Unfavorable Fundamental Information62 cited
  • 2016Is price support a motive for increasing share repurchases?60 cited
  • 2018Do Short Sellers Trade on Private Information or False Information?58 cited
  • 2021Do Firms Redact Information from Material Contracts to Conceal Bad News?53 cited
  • 2019Short Sellers and Long-Run Management Forecasts48 cited
  • 2014Rational Information Leakage48 cited
  • 2015Is there information leakage prior to share repurchase announcements? Evidence from daily options trading47 cited
  • 2018Insider Sales under the Threat of Short Sellers: New Hypothesis and New Tests44 cited
  • 2012Spillover Effect of Fraud Allegations and Investor Sentiment38 cited
  • 2018Board interlock networks and informed short sales35 cited
  • 2016Information advantage, short sales, and stock returns: Evidence from short selling reform in China34 cited