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The rule 10b5-1 loophole: an empirical study

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  • Alexander Robbins

Abstract

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Suggested Citation

  • Alexander Robbins, 2010. "The rule 10b5-1 loophole: an empirical study," Review of Quantitative Finance and Accounting, Springer, vol. 34(2), pages 199-224, February.
    • Handle: RePEc:kap:rqfnac:v:34:y:2010:i:2:p:199-224
    DOI: 10.1007/s11156-009-0163-6
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    References listed on IDEAS

    as
    1. West, Kenneth D, 1988. "Dividend Innovations and Stock Price Volatility," Econometrica, Econometric Society, vol. 56(1), pages 37-61, January.
    2. Leuz, C & Verrecchia, RE, 2000. "The economic consequences of increased disclosure," Journal of Accounting Research, Wiley Blackwell, vol. 38, pages 91-124.
    3. Barclay, Michael J & Litzenberger, Robert H & Warner, Jerold B, 1990. "Private Information, Trading Volume, and Stock-Return Variances," The Review of Financial Studies, Society for Financial Studies, vol. 3(2), pages 233-253.
    4. Choi, J. Y. & Salandro, Dan & Shastri, Kuldeep, 1988. "On the Estimation of Bid-Ask Spreads: Theory and Evidence," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 23(2), pages 219-230, June.
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    Citations

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    Cited by:

    1. Lefebvre, Jérémie & Mazza, Paolo, 2023. "Advance disclosure of insider transactions: Empirical evidence from the Vietnamese stock market," International Review of Law and Economics, Elsevier, vol. 74(C).
    2. Jonathan A. Milian, 2016. "Insider sales based on short-term earnings information," Review of Quantitative Finance and Accounting, Springer, vol. 47(1), pages 109-128, July.
    3. John Shon & Stanley Veliotis, 2013. "Insiders' Sales Under Rule 10b5-1 Plans and Meeting or Beating Earnings Expectations," Management Science, INFORMS, vol. 59(9), pages 1988-2002, September.

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    More about this item

    Keywords

    10b5-1; SEC; Securities and Exchange Commission; 10b-5; 10(b); Insider trading; Pre-planned trades; Material nonpublic information; Material non-public information; Inside information; Securities fraud; Corporate governance; K23;
    All these keywords.

    JEL classification:

    • K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law

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