Are All Insiders on the Inside? Evidence from the Initiation of CDS Trading and Short Selling in the Financial Sector
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DOI: 10.1016/j.intfin.2017.05.003
Abstract: We examine the impact of CDS trading and the lifting of short sales restrictions on the profitability of reported insider trades within US financial firms. We find evidence that executive directors possess significant insider knowledge… read more here.
Keywords: initiation cds; executive directors; cds trading; evidence ... See more keywords