Caporale, Guglielmo Maria; Kyriacou, Kyriacos; … - 2023
This paper examines the relationship between aggregate insider trading (AIT) and stock market volatility using monthly … data on insider transactions by UK executives in public limited companies for the period January 2002 - December 2020. More … Decomposition are carried out. The main finding is that higher AIT (more specifically, insider purchases) leads to a short …