Insider trading, investment, and liquidity: a welfare analysis
Article Abstract:
Revealing payoff information about prices can benefit outsiders with stochastic liquidity needs since it improves the level of their risk sharing. The model presented here differs from standard models with normal returns and negative exponential utility functions.
Publication Name: Journal of Finance
Subject: Business
ISSN: 0022-1082
Year: 2001
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New evidence on the market for directors: board membership and Pennsylvania Senate Bill 1310
Article Abstract:
Corporate directors who rejected antitakeover measures in Pennsylvania Senate Bill 1310 had greater chances of retaining their current directorship and obtaining other directorships than directors that accepted the measures.
Publication Name: Journal of Finance
Subject: Business
ISSN: 0022-1082
Year: 2003
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Fund advisor compensation in closed-end funds
Article Abstract:
The authors examine amounts of compensation for fund advisors. Topics include closed-end funds, share pricing, and contractual relationships.
Publication Name: Journal of Finance
Subject: Business
ISSN: 0022-1082
Year: 2000
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