What Do Independent Directors Know? Evidence from Their Trading
What Do Independent Directors Know? Evidence from Their Trading
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Publisher
Oxford: Oxford University Press
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Language
English
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Publisher
Oxford: Oxford University Press
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Scope and Contents
Contents
We compare the trading performance of independent directors and other executives. The findings reveal that independent directors earn positive substantial abnormal returns when they purchase their company stock, and that the difference from the same firm's executives is relatively small at most horizons. We also find that executives and independent...
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Full title
What Do Independent Directors Know? Evidence from Their Trading
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Author / Creator
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TN_cdi_proquest_miscellaneous_1866655525
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_miscellaneous_1866655525
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ISSN
0893-9454
E-ISSN
1465-7368
DOI
10.1093/rfs/hhp027