Inside brokers
We identify the broker each corporate insider trades through, and find that analysts and mutual fund managers affiliated with such “inside brokers” have a substantial information advantage on the insider’s firm. Affiliated analysts issue more accurate earnings forecasts, and affiliated mutual funds...
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Main Authors: | , , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2021
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Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/5324 https://ink.library.smu.edu.sg/context/lkcsb_research/article/6323/viewcontent/SSRN_id2823353_2020.pdf |
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Institution: | Singapore Management University |
Language: | English |