Tan, Yan; Zhang, Wenting; Kong, Xiangting - In: China journal of accounting research : CJAR 16 (2023) 3, pp. 1-26
Using a large sample of data on insiders’ stock selling and rumors about A-share listed companies in China, this study empirically tests whether and how rumors about companies are used to manipulate the market in the context of insiders’ stock selling. We find that the probability of a...
