The Reaction of Investors and Stock Prices to Insider Trading
作者： BRADFORD CORNELL , ERIK R. SIRRI
DOI: 10.1111/J.1540-6261.1992.TB04004.X
关键词:
摘要: … participants, the Campbell Taggart incident presents a unique laboratory … information as they trade, then prices should behave differently on days when insiders are active in the market. …
jstor.org 
sci-hub.se 参考文章(18)
Kenneth R. French, Richard Roll, Stock return variances: The arrival of information and the reaction of traders Journal of Financial Economics. ,vol. 17, pp. 5- 26 ,(1986) , 10.1016/0304-405X(86)90004-8
Gregg A Jarrell, Annette B Poulsen, Stock Trading Before the Announcement of Tender Offers: Insider Trading or Market Anticipation? Journal of Law Economics & Organization. ,vol. 5, pp. 225- 248 ,(1989) , 10.1093/OXFORDJOURNALS.JLEO.A036969
Walter Bagehot, The Only Game in Town Financial Analysts Journal. ,vol. 27, pp. 12- 14 ,(1971) , 10.2469/FAJ.V27.N2.12
THOMAS E. COPELAND, DAN GALAI, Information Effects on the Bid‐Ask Spread Journal of Finance. ,vol. 38, pp. 1457- 1469 ,(1983) , 10.1111/J.1540-6261.1983.TB03834.X
David Easley, Maureen O'Hara, PRICE, TRADE SIZE, AND INFORMATION IN SECURITIES MARKETS* Journal of Financial Economics. ,vol. 19, pp. 69- 90 ,(1987) , 10.1016/0304-405X(87)90029-8
Lawrence R. Glosten, Paul R. Milgrom, Bid, ask and transaction prices in a specialist market with heterogeneously informed traders Journal of Financial Economics. ,vol. 14, pp. 71- 100 ,(1985) , 10.1016/0304-405X(85)90044-3
Henry G. Manne, Insider trading and the stock market ,(1966)
Mark L. Mitchell, Kenneth Lehn, Do Bad Bidders Become Good Targets? Journal of Political Economy. ,vol. 98, pp. 372- 398 ,(1990) , 10.1086/261682
Lawrence Harris, None, A transaction data study of weekly and intradaily patterns in stock returns Journal of Financial Economics. ,vol. 16, pp. 99- 117 ,(1986) , 10.1016/0304-405X(86)90044-9
Lawrence R Glosten, Lawrence E Harris, None, Estimating the components of the bid/ask spread Journal of Financial Economics. ,vol. 21, pp. 123- 142 ,(1988) , 10.1016/0304-405X(88)90034-7