search query: @indexterm LITIGATION / total: 152
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| Author: | Huddart, S. Ke, B. Shi, C. |
| Title: | Jeopardy, non-public information, and insider trading around SEC 10-K and 10-Q filings |
| Journal: | Journal of Accounting & Economics
2007 : MAR, VOL. 43:1, p. 3-36 |
| Index terms: | accounting standards government regulations litigation risk insider trading stocks compensation USA |
| Language: | eng |
| Abstract: | Evidence concerning U.S. insider trades in high- and low-jeopardy periods and across firms at high and low risk for litigation indicates that insiders condition their trades on foreknowledge (here as: f-knw.) of price-relevant (as: pr-rl.) public disclosures avoiding, however, profitable trades when the jeopardy associated with such trades is high. ... Insiders trade most heavily after earnings announcements and profit from f-knw. of pr-rl. information in the forthcoming Form 10-K or 10-Q filing. |
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