How stock markets react to news is an established area of research. We examine the behaviour of the Saudi Stock market (SSM) in response to earnings announcements where there are no analysts' forecasts, with the aim of examining the efficiency of the market. We conduct sector-level analysis to...

This paper investigates the impact of firms’ executive pay disparity on insider trading returns prior corporate earnings disclosures. We find evidence that executive pay disparity has a significant positive relationship with abnormal returns from insider purchases preceding the good earnings...