Does corporate governance matter to insider trading?

The majority of US based insider-trading research argues that trading using private information is harmful and produces adverse selection costs for outside market participants (Seyhun, 2000). Despite this, evidence shows that insider-trading regulations are ineffective in curtailing the actions of c...

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Bibliographic Details
Main Author: Kiwia, Bill
Published: University of Leeds 2011
Subjects:
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.713511