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Market sentiment, volatility, timing and the information content of directors’ trades

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Academic year: 2019

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Figure

Table 1. Aggregate Insider Trading and Market Return
Table 3. Descriptive Statistics and Market Reaction of Insider Trades
Table 4. Distribution of Cumulative Abnormal Returns by Market-to-Book and Size  Market-to-Book Quintiles
Table 5. Distribution of Abnormal Returns of Buy Trades by Size & M/B
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