Matches in SemOpenAlex for { <https://semopenalex.org/work/W3090185429> ?p ?o ?g. }
Showing items 1 to 80 of
80
with 100 items per page.
- W3090185429 abstract "We examine the private information associated with insider trades using a Chinese data set. Insider buys positively forecast individual stock returns and insider sales negatively forecast individual stock returns. Classifying insiders as corporate managers and institutional investors, we find that the trades by these two types have different asset pricing implications. Cross-sectionally, stocks more heavily bought by corporate managers have higher average returns compared to their less-bought counterparts, but institutional investor trading has no impact on cross-sectional differences in average returns. The economic value of institutional investors’ trades primarily derives from their time-series return predictability, as the collective buy-to-sell ratio of institutional investors significantly forecasts market returns. In contrast, the buy-to-sell ratio of corporate managers shows no predictive power." @default.
- W3090185429 created "2020-10-08" @default.
- W3090185429 creator A5017557356 @default.
- W3090185429 creator A5035951174 @default.
- W3090185429 creator A5089661799 @default.
- W3090185429 date "2020-01-01" @default.
- W3090185429 modified "2023-09-27" @default.
- W3090185429 title "Private Information behind Insider Trades: Evidence from Cross Section and Time Series" @default.
- W3090185429 doi "https://doi.org/10.2139/ssrn.3597244" @default.
- W3090185429 hasPublicationYear "2020" @default.
- W3090185429 type Work @default.
- W3090185429 sameAs 3090185429 @default.
- W3090185429 citedByCount "0" @default.
- W3090185429 crossrefType "journal-article" @default.
- W3090185429 hasAuthorship W3090185429A5017557356 @default.
- W3090185429 hasAuthorship W3090185429A5035951174 @default.
- W3090185429 hasAuthorship W3090185429A5089661799 @default.
- W3090185429 hasConcept C10138342 @default.
- W3090185429 hasConcept C105795698 @default.
- W3090185429 hasConcept C106159729 @default.
- W3090185429 hasConcept C111472728 @default.
- W3090185429 hasConcept C121332964 @default.
- W3090185429 hasConcept C127413603 @default.
- W3090185429 hasConcept C138885662 @default.
- W3090185429 hasConcept C144133560 @default.
- W3090185429 hasConcept C162324750 @default.
- W3090185429 hasConcept C17744445 @default.
- W3090185429 hasConcept C197640229 @default.
- W3090185429 hasConcept C199539241 @default.
- W3090185429 hasConcept C204036174 @default.
- W3090185429 hasConcept C206757995 @default.
- W3090185429 hasConcept C2778136018 @default.
- W3090185429 hasConcept C2778971194 @default.
- W3090185429 hasConcept C2781078320 @default.
- W3090185429 hasConcept C33923547 @default.
- W3090185429 hasConcept C39389867 @default.
- W3090185429 hasConcept C556758197 @default.
- W3090185429 hasConcept C62520636 @default.
- W3090185429 hasConcept C78519656 @default.
- W3090185429 hasConcept C99221444 @default.
- W3090185429 hasConceptScore W3090185429C10138342 @default.
- W3090185429 hasConceptScore W3090185429C105795698 @default.
- W3090185429 hasConceptScore W3090185429C106159729 @default.
- W3090185429 hasConceptScore W3090185429C111472728 @default.
- W3090185429 hasConceptScore W3090185429C121332964 @default.
- W3090185429 hasConceptScore W3090185429C127413603 @default.
- W3090185429 hasConceptScore W3090185429C138885662 @default.
- W3090185429 hasConceptScore W3090185429C144133560 @default.
- W3090185429 hasConceptScore W3090185429C162324750 @default.
- W3090185429 hasConceptScore W3090185429C17744445 @default.
- W3090185429 hasConceptScore W3090185429C197640229 @default.
- W3090185429 hasConceptScore W3090185429C199539241 @default.
- W3090185429 hasConceptScore W3090185429C204036174 @default.
- W3090185429 hasConceptScore W3090185429C206757995 @default.
- W3090185429 hasConceptScore W3090185429C2778136018 @default.
- W3090185429 hasConceptScore W3090185429C2778971194 @default.
- W3090185429 hasConceptScore W3090185429C2781078320 @default.
- W3090185429 hasConceptScore W3090185429C33923547 @default.
- W3090185429 hasConceptScore W3090185429C39389867 @default.
- W3090185429 hasConceptScore W3090185429C556758197 @default.
- W3090185429 hasConceptScore W3090185429C62520636 @default.
- W3090185429 hasConceptScore W3090185429C78519656 @default.
- W3090185429 hasConceptScore W3090185429C99221444 @default.
- W3090185429 hasLocation W30901854291 @default.
- W3090185429 hasOpenAccess W3090185429 @default.
- W3090185429 hasPrimaryLocation W30901854291 @default.
- W3090185429 hasRelatedWork W14156777 @default.
- W3090185429 hasRelatedWork W14618929 @default.
- W3090185429 hasRelatedWork W22450859 @default.
- W3090185429 hasRelatedWork W24850095 @default.
- W3090185429 hasRelatedWork W26572457 @default.
- W3090185429 hasRelatedWork W32210220 @default.
- W3090185429 hasRelatedWork W35232856 @default.
- W3090185429 hasRelatedWork W39169731 @default.
- W3090185429 hasRelatedWork W7786084 @default.
- W3090185429 hasRelatedWork W4064910 @default.
- W3090185429 isParatext "false" @default.
- W3090185429 isRetracted "false" @default.
- W3090185429 magId "3090185429" @default.
- W3090185429 workType "article" @default.