The Effects of Insider Trading on Insiders' Choice Among Risky Investment Projects
收藏NBER1991-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/t0096
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资源简介：
This paper studies certain effects of insider trading on the principal-agent problem in corporations. Specifically, we focus on insiders' choice among investment projects. Other things equal, insider trading leads insiders to choose riskier investment projects, because increased volatility of
提供机构：
美国国家经济研究局
创建时间：
1991-02-01
