Corporate insider trading and return skewness
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Corporate Finance"
DOI: 10.1016/j.jcorpfin.2019.07.008
Abstract: Corporate insider trades predict idiosyncratic return skewness. CEO purchases are followed by an increase and CEO sales by a decrease in idiosyncratic skewness. The evidence suggests that this effect is driven by personal preferences rather… read more here.
Keywords: corporate insider; insider trading; insider; return skewness ... See more keywords