Insider Trading and the Long-Run Performance of New Security Issues

By Kathleen M. Kahle. 2000

139 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/57c2e6213d919824c604fc88eed89f6286d0a69d

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Citations in the corpus

Is the Market Surprised by Poor Earnings Realizations following Seasoned Equity Offerings? (2001, unknown): “Kahle (2000), Karpoff and Lee (1991), and Lee (1997) all document unusual insider selling in the months leading up to the issuance of common stock.”
Decoding Inside Information (2012, unknown): “…(2003) demonstrate that insiders trade before significant accounting disclosures as much as two years prior to the disclosure.6 In related work, Kahle (2000) finds that the long-run performance after seasoned equity offerings is significantly related to measures of insider trading, while…”
Managerial Opportunism? Evidence from Directors' and Officers' Insurance Purchases (2002, unknown): “We draw an analogy to Seyhun (1986), Lee (1997) and Kahle (2000), which found that insider purchases and sales of company equity also contain information that is reflected in future abnormal returns.”
Opportunism as a Firm and Managerial Trait: Predicting Insider Trading Profits and Misconduct (2017, background): “and Kahle (2001) find that insider trading is associated with subsequent long-run abnormal performance after seasoned equity offerings.”
Competition of the Informed: Does the Presence of Short Sellers Affect Insider Selling? (2015, background): “…based on the characteristics of insider trades (Scott and Xu, 2004; Jenter, 2005; Cohen et al., 2012), events upon which insiders trade (e.g., Kahle, 2000; Ke et al., 2003; Cheng and Lo, 2006; Huddart et al., 2007), or counterparties involved in trading, such as institutional and individual…”