Insider Trading When corporate executives trade the shares of their own company, the share price normally responds

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Insider Trading When corporate executives trade the shares of their own company, the share price normally responds in a correlated way (i.e. share price increases after buy transactions and share price falls after sale transactions). Is this evidence of efficient markets, behavioural finance, or both? Explain.

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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