Former Insiders' Trading
Using detailed and unique data from Sweden, I show that former insiders trade profitably in the shares of companies with which they used to be affiliated. A trading strategy mimicking former insiders’ trading behavior yields abnormal returns of 7.6% per year. These returns are primarily driven by po...
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| Language: | English |
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2018
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| Online Access: | https://doi.org/10.7916/D89G740Z |