Degryse, Hans; Jong, Frank; Lefebvre, Jérémie - In: De Economist 162 (2014) 1, pp. 71-103
In this paper, we employ a registry of legal insider trading for Dutch listed firms to investigate the information content of trades by corporate insiders. Using a standard event-study methodology, we examine short-term stock price behavior around trades. We find that purchases are followed by...