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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Bibliographic Details
Main Authors: LI, Frank Weikai, MUKHERJEE, Abhiroop, SEN, Rik
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2021
Subjects:
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