Insider Trading Laws and Stock Price Informativeness
We investigate the relation between a country’s first-time enforcement of insider trading laws and stock price informativeness using data from 48 countries over 1980–2003. Enforcement of insider trading laws improves price informativeness, as measured by firm-specific stock return variation, but thi...
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| Format: | article |
| Language: | eng |
| Published: |
2013
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| Online Access: | http://hdl.handle.net/10071/5571 |
| Country: | Portugal |
| Oai: | oai:repositorio.iscte-iul.pt:10071/5571 |