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Published in 2020 at "Finance Research Letters"
DOI: 10.1016/j.frl.2018.12.035
Abstract: Abstract Based on Holden and Subrahmanyam (1994), this work examines how the transaction cost imposed on insiders affects the strategic trading and the consequences. We find that with transaction cost, insiders refrain their trading and…
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Keywords:
transaction cost;
transaction;
trading transaction;
strategic trading ... See more keywords