Does social capital mitigate managerial self-dealing? Evidence from insider trading
In this study, we examine whether the social capital surrounding the firm’s corporate headquarters mitigates managerial self-dealing in the form of opportunistic insider trading. We find strong evidence that the level of social capital in the region surrounding the firm’s headquarters is negatively...
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Main Authors: | LEE, Kiat Bee Jimmy, LEE, Jimmy, PARK, Sang Hyun |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2023
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Subjects: | |
Online Access: | https://ink.library.smu.edu.sg/soa_research/2027 https://ink.library.smu.edu.sg/context/soa_research/article/3054/viewcontent/Social_capital_and_insider_trading___SSRN.pdf |
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Institution: | Singapore Management University |
Language: | English |
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