Ann, Wong Kie; Sequeira, John M.; McAleer, Michael - In: Mathematics and Computers in Simulation (MATCOM) 68 (2005) 5, pp. 417-428
Over the past decade, numerous studies have debated the usefulness of insider trading. One particularly important study relates to the informational role that insiders’ transaction volumes have on trading activity in the equity market. In our paper, we examine whether insiders’ purchases...