Beny, Laura Nyantung (contributor) - 2006
from it. And, Haft (1982) argues, this could lead to
information hoarding where the firm’s true entrepreneurs hold their … 1989, p. 823).
Douglas (1989) also shows that the information asymmetry due to insider trading
transfers wealth from … shareholders are more likely to monitor managers than
to trade.
This article differs from the prior literature on insider …