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Do insider trades reflect both contrarian beliefs and superior knowledge about future cash flow realizations?

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  • Piotroski, Joseph D.
  • Roulstone, Darren T.

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  • Piotroski, Joseph D. & Roulstone, Darren T., 2005. "Do insider trades reflect both contrarian beliefs and superior knowledge about future cash flow realizations?," Journal of Accounting and Economics, Elsevier, vol. 39(1), pages 55-81, February.
    • Handle: RePEc:eee:jaecon:v:39:y:2005:i:1:p:55-81
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    8. Meulbroek, Lisa K, 1992. "An Empirical Analysis of Illegal Insider Trading," Journal of Finance, American Finance Association, vol. 47(5), pages 1661-1699, December.
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    20. Jonathan M. Karpoff & Daniel Lee, 1991. "Insider Trading Before New Issue Announcements," Financial Management, Financial Management Association, vol. 20(1), Spring.
    21. Walther, BR, 1997. "Investor sophistication and market earnings expectations," Journal of Accounting Research, Wiley Blackwell, vol. 35(2), pages 157-179.
    22. Ball, R & Brown, P, 1968. "Empirical Evaluation Of Accounting Income Numbers," Journal of Accounting Research, Wiley Blackwell, vol. 6(2), pages 159-178.
    23. Givoly, Dan & Palmon, Dan, 1985. "Insider Trading and the Exploitation of Inside Information: Some Empirical Evidence," The Journal of Business, University of Chicago Press, vol. 58(1), pages 69-87, January.
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