Insider Trading Restrictions and Corporate Risk-Taking
This paper examines the effect of insider trading restrictions on corporate risk-taking. Using a cross-country sample of 38 countries over the 1990 to 2003 period, we find that corporate risk-taking is positively related to insider trading restrictions. This finding is robust to alternative regressi...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2015
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| Online Access: | https://ink.library.smu.edu.sg/soa_research/1376 https://ink.library.smu.edu.sg/context/soa_research/article/2375/viewcontent/1_s20_S0927538X14000924_main__1_.pdf |
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| Institution: | Singapore Management University |
| Language: | English |