What Do Independent Directors Know? Evidence from Their Trading
Published Date
Copyright 2010
DOI 10.1093/rfs/hhp027
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Copy CitationEnrichetta Ravina and Paola Sapienza, Corporate Governance (The Review of Financial Studies, vol. 23, no. 3, 2010), https://www.nber.org/books-and-chapters/corporate-governance/what-do-independent-directors-know-evidence-their-trading.
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Working Paper
We compare the trading performance of independent directors and other officers of the firm. We find that independent...