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The market impact of directors' trades: relationship to various measures of a firm's information environment

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  • Ryan, Paul

Abstract

This study examines the relationship between the ability of directors' trades to trigger company price/trading volume activity and the richness of a firm's information environment. Our three measures of firm information availability are (1) financial statements, (2) analyst following, and (3) firm size.

Suggested Citation

  • Ryan, Paul, 2005. "The market impact of directors' trades: relationship to various measures of a firm's information environment," The British Accounting Review, Elsevier, vol. 37(3), pages 319-337.
    • Handle: RePEc:eee:bracre:v:37:y:2005:i:3:p:319-337
    DOI: 10.1016/j.bar.2005.03.002
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    Cited by:

    1. Weetman, Pauline, 2006. "Discovering the ‘international’ in accounting and finance," The British Accounting Review, Elsevier, vol. 38(4), pages 351-370.

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