Can retail investors learn from insiders?
This paper examines the trading patterns of retail investors following insider trading and the corresponding price impact. Retail investors follow the opportunistic purchases by insiders, but not their routine purchases. Neither investor attention nor common information such as earnings announcement...
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Main Authors: | , , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2020
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Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/6801 https://ink.library.smu.edu.sg/context/lkcsb_research/article/7800/viewcontent/BSZ_2022EFA.pdf |
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Institution: | Singapore Management University |
Language: | English |