Do voluntary corporate restrictions on insider trading eliminate informed insider trading

We investigate whether voluntary corporate restrictions on insider trading effectively prevent insiders from exploiting their private information. Our results show that insiders of firms with seeming restrictions on insider trading continue to take advantage of positive private information while bei...

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Bibliographic Details
Main Authors: LEE, Inmoo, LEMMON, Michael, LI, Yan, SEQUEIRA, J. M.
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2014
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/5032
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Institution: Singapore Management University
Language: English