Are directors’ dealings informative? Evidence from European stock markets
✍ Scribed by Kaspar Dardas; Andre Güttler
- Book ID
- 107341691
- Publisher
- Springer US
- Year
- 2011
- Tongue
- English
- Weight
- 928 KB
- Volume
- 25
- Category
- Article
- ISSN
- 1555-4961
No coin nor oath required. For personal study only.
📜 SIMILAR VOLUMES
## Abstract This paper analyzes 31 months of data on 137 single‐stock futures (SSFs) traded on OneChicago. The results indicate that on the days they trade, SSFs contribute approximately 24% of the price discovery for underlying stocks. Information revelation in the SSFs market decreases with the r
## Abstract The role of option markets is reexamined in the reversal process of stock prices following stock price declines of 10% or more. A matched pair of optionable and nonoptionable firms is randomly selected when their price declines by 10% or more on the same date. The authors examine the 1,
## Abstract Current literature is inconclusive as to whether idiosyncratic risk influences future stock returns and the direction of the impact. Earlier studies are based on historical realized volatility. Implied volatilities from option prices represent the market's assessment of future risk and