Short sellers and insider trading profitability: A natural experiment

We examine the impact of short sellers on insider trading profitability using a natural experiment of a pilot program which relaxed short-selling constraints for randomly selected pilot stocks. We find that pilot firms experienced a significant decrease in insider trading profitability during the pi...

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Bibliographic Details
Main Authors: CHEN, Xia, CHENG, Qiang, LUO, Ting, YUE, Heng
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2022
Subjects:
Online Access:https://ink.library.smu.edu.sg/soa_research/1936
https://ink.library.smu.edu.sg/context/soa_research/article/2963/viewcontent/Short_sellers.pdf
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Institution: Singapore Management University
Language: English