This paper examines the profitability of insider trading. The authors examine insider trading on the Vancouver Stock Exchange where it might be argued that there are larg e informational asymmetries. Besides the traditional "event study" approach, they develop portfolio performance measures for...

We model a market in which some investors get utility from owning shares of firms that engage in corporate social responsibility (CSR). In equilibrium, investors' CSR considerations influence portfolio choices, stock prices, and CSR spending. We study tax policy designed to maximize total giving...