Mishra, Suchi; Rowe, Wei; Prakash, Arun; Ghosh, Dilip K. - In: Journal of Financial Markets 12 (2009) 4, pp. 592-610
For a set of firms with concentrated insider ownership, we find that (a) the bidask spread changes significantly around the board meeting dates, and (b) the actual number of transactions by insiders increases following the board meetings. We also find that there is a statistically significant...
