Lamba, Asjeet S; Khan, Walayet A - In: Journal of Financial Research 22 (1999) 2, pp. 131-46
We examine whether insiders systematically exploit their private information before exchange listings and delistings about which they are likely to know before outsiders/investors. Analyzing a comprehensive sample of over-the-counter (OTC) firms, which list on the New York Stock Exchange (NYSE)...