Executives’ gender, prospect theory bias and insider trading

• Main Authors: SEHRISH, Saba, DING, Kuan Yong David, VISALTANACHOTI, Nuttawat
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2018
• Subjects: Finance and Financial Management
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/5982
• Institution: Singapore Management University

This study provides evidence that insider trading by female executives is subject to higherbehavioural bias than male executives. Using a sample of legal insider trading from year 2000to 2016, we find that female insider trades are more likely to be affected by prospect theory.These results hold eve...