tll /policy /002 - transrail
JEL Code: G11, K42. We study the optimal continuous trading strategy of an ... gains produced by the insider trading or the loss avoided. In the latter ...
1 Section 2 discusses the definition of a corporate insider, and the ...Although insiders make a much larger proportion of all sales (0.15 percent) than purchases, than their abnormal returns on sales are small or nonexistent. Of ... Insider Tradingand officers) or ?reporting insiders?. ? Includes employees, an ... ? Criminal Code. ? Criminal Code o Up to 10 years in prison (5 ... Insiders' Tax Preferences and Firm's Choice between Dividends and ...using the variable, (Payout to Insiders)*(TD-TC), in the analysis. One ... Code during the sample period (Table 1, Panel. B, column 3). Institutional ...
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