Faculty News | Wall Street Journal | 28
Timing Is Everything for Insider Sales
Re: Lauren Cohen & Christopher Malloy
Economists Lauren Cohen and Christopher Malloy of Harvard Business School and Lukasz Pomorski of the University of Toronto did just that. Their findings, recently published in the Journal of Finance
, showed just how serendipitous the timing of the remaining insiders' trading turned out to be. In a similar analysis, The Wall Street Journal
examined trades by corporate executives in the week before company news was announced.