Attention To Retention: The Informativeness Of Insider's Decision to Retain Shares
I show that corporate insiders’ decision to retain shares is pervasive and informative about future firm performance. Insiders file Form 144 with the US Securities and Exchange Commission to report their intention to introduce unregistered stock into their company’s public float. However, the form i...
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Massachusetts Institute of Technology
2024
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Online Access: | https://hdl.handle.net/1721.1/155852 |