Betzer, André; Gider, Jasmin; Metzger, Daniel; … - Institut für Finanzmarktforschung, Wirtschafts- und … - 2009
trading depends on firm and trade characteristics and on the role of the insider in the firm. We perform an event study where … the event date is the date of the report. We find that the CARs do not decrease in the length of the reporting delay. This …. Finally, we find that the event study CARs are larger after the report of strategic insider trades as compared to otherwise …