Maug, Ernst; Ackerman, Abraham - Sonderforschungsbereich 504 "Rationalitätskonzepte, …; … - 2007
In this paper we investigate how the enactment and enforcement of insider trading restrictions affect the way in which information about acquisitions is released before the actual acquisition announcement. We analyze a sample with almost 19,000 acquisition announcements from 48 countries. We...
