Showing 1 - 10 of 2,203
This paper offers new evidence on informed trading around merger and acquisition announcements from the UK equity and options market. The analysis suggests that in about 25%-33% of events there is abnormal option trading volume during the month that precedes the announcement. Such evidence is...
Persistent link: https://www.econbiz.de/10013133655
Persistent link: https://www.econbiz.de/10003933036
Persistent link: https://www.econbiz.de/10010225934
Persistent link: https://www.econbiz.de/10008749985
Persistent link: https://www.econbiz.de/10003804350
Persistent link: https://www.econbiz.de/10002524246
Persistent link: https://www.econbiz.de/10012703805
Persistent link: https://www.econbiz.de/10014382170
Persistent link: https://www.econbiz.de/10014382172
suggests that managers consider reputation and litigation risk associated with earnings management and they manage earnings … signal revealing managers' private information about firm quality. Consistent with the signaling explanation we observe a …
Persistent link: https://www.econbiz.de/10011344396