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Dymke BM, Walter A (2008). Insider Trading in Germany - Do Corporate Insiders Exploit Inside Information?. BuR - Business Research, Vol. 1, Iss. 2, pp. 188-205, URN: urn:nbn:de:0009-20-16524

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%0 Journal Article
%T Insider Trading in Germany - Do Corporate Insiders Exploit Inside Information?
%A Dymke, M. Björn
%A Walter, Andreas
%J BuR - Business Research
%D 2008
%V 1
%N 2
%@ 1866-8658
%F dymke2008
%X Our study focuses on the question whether corporate insiders in Germany exploit inside information whiletrading in their company’s stock. In contrast to prior international studies, which are not able to link insidertransactions to a formal definition of inside information, we relate insider transactions to subsequent releases of inside information via ad-hoc news disclosures. We find evidence that corporate insiders as a group seem to trade on inside information. Moreover, members of the supervisory board seem to be most active in exploiting inside information, since they realize exceptionally high profits with their frequent front-running transactions.
%L 330
%K finance
%U http://nbn-resolving.de/urn:nbn:de:0009-20-16524
%P 188-205

Bibtex

@Article{dymke2008,
  author = 	"Dymke, M. Bj{\"o}rn
		and Walter, Andreas",
  title = 	"Insider Trading in Germany - Do Corporate Insiders Exploit Inside Information?",
  journal = 	"BuR - Business Research",
  year = 	"2008",
  volume = 	"1",
  number = 	"2",
  pages = 	"188--205",
  keywords = 	"finance",
  abstract = 	"Our study focuses on the question whether corporate insiders in Germany exploit inside information whiletrading in their company's stock. In contrast to prior international studies, which are not able to link insidertransactions to a formal definition of inside information, we relate insider transactions to subsequent releases of inside information via ad-hoc news disclosures. We find evidence that corporate insiders as a group seem to trade on inside information. Moreover, members of the supervisory board seem to be most active in exploiting inside information, since they realize exceptionally high profits with their frequent front-running transactions.",
  issn = 	"1866-8658",
  url = 	"http://nbn-resolving.de/urn:nbn:de:0009-20-16524"
}

RIS

TY  - JOUR
AU  - Dymke, M. Björn
AU  - Walter, Andreas
PY  - 2008//
TI  - Insider Trading in Germany - Do Corporate Insiders Exploit Inside Information?
JO  - BuR - Business Research
SP  - 188
EP  - 205
VL  - 1
IS  - 2
KW  - finance
N2  - Our study focuses on the question whether corporate insiders in Germany exploit inside information whiletrading in their company’s stock. In contrast to prior international studies, which are not able to link insidertransactions to a formal definition of inside information, we relate insider transactions to subsequent releases of inside information via ad-hoc news disclosures. We find evidence that corporate insiders as a group seem to trade on inside information. Moreover, members of the supervisory board seem to be most active in exploiting inside information, since they realize exceptionally high profits with their frequent front-running transactions.
SN  - 1866-8658
UR  - http://nbn-resolving.de/urn:nbn:de:0009-20-16524
ID  - dymke2008
ER  - 

Wordbib

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ISI

PT Journal
AU Dymke, MB
   Walter, A
TI Insider Trading in Germany - Do Corporate Insiders Exploit Inside Information?
SO BuR - Business Research
PY 2008
BP 188
EP 205
VL 1
IS 2
DE finance
AB Our study focuses on the question whether corporate insiders in Germany exploit inside information whiletrading in their company’s stock. In contrast to prior international studies, which are not able to link insidertransactions to a formal definition of inside information, we relate insider transactions to subsequent releases of inside information via ad-hoc news disclosures. We find evidence that corporate insiders as a group seem to trade on inside information. Moreover, members of the supervisory board seem to be most active in exploiting inside information, since they realize exceptionally high profits with their frequent front-running transactions.
ER

Mods

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  </name>
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    <namePart type="family">Walter</namePart>
    <namePart type="given">Andreas</namePart>
  </name>
  <abstract>Our study focuses on the question whether corporate insiders in Germany exploit inside information while
trading in their company’s stock. In contrast to prior international studies, which are not able to link insider
transactions to a formal definition of inside information, we relate insider transactions to subsequent releases of inside information via ad-hoc news disclosures. We find evidence that corporate insiders as a group seem to trade on inside information. Moreover, members of the supervisory board seem to be most active in exploiting inside information, since they realize exceptionally high profits with their frequent front-running transactions.</abstract>
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</mods>

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