How Insiders Traded Before Rules

U.K. company insiders, such as directors, were legally allowed to trade in the shares of their own companies up until the Companies Act of 1980. We investigate the trading behaviour of directors over the period 1893 to 1907 in the U.K. Although insider trading was profitable, we find relatively few instances of directors who exploited their informational advantage

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Year of publication:	2012
Authors:	Braggion, Fabio
Other Persons:	Moore, Lyndon (contributor)
Publisher:	[2012]: [S.l.] : SSRN
Subject:	Führungskräfte \| Managers \| Großbritannien \| United Kingdom \| Insiderhandel \| Insider trading

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Extent:	1 Online-Ressource (25 p)
Series:	CentER Discussion Paper Series ; No. 2012-007
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments January 13, 2012 erstellt
Other identifiers:	10.2139/ssrn.1987603 [DOI]
Classification:	N23 - Europe: Pre-1913 ; G14 - Information and Market Efficiency; Event Studies ; G35 - Payout Policy
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013112193