Insider trading, firm performance and earnings management : deciphering their informational contents.

• Main Authors: Leong, Ed Mund., Lim, Chin Hor., Tan, Song Chao.
• Other Authors: Sawicki, Julia
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::Finance::Stock exchanges
• Online Access: http://hdl.handle.net/10356/9274
• Institution: Nanyang Technological University

This paper examines the informational contents of between insider trading, firm performance and earnings management. Together, our evidence suggests that insiders are rational economic agent. They not only appear to trade on the basis of their superior information about contemporaneous and next peri...