Daher, Wassim; Karam, Fida - HAL - 2011
In this paper, we study the real and financial effects of insider trading in the spirit of Jain and Mirman (1999 … greater than it would be in the absence of insider trading. Furthermore, the parameters of both real markets affect the stock … structure does not alter the amount of information disseminated in the stock price or the level of insider trading. Next, we add …