How Institutional Investors Gain an Information Advantage: Evidence From Option Backdating

Description

My research on stock option backdatign and institutional trading is featured as top story in Columbia Law School’s Corporations and the Capital Markets Blog, July 20, 2018. The full media report can be accessed via the link below. 

http://clsbluesky.law.columbia.edu/2018/07/20/how-institutional-investors-gain-an-information-advantage-evidence-from-option-backdating/

Subject

The media report is based on my paper titled “Option Backdating Announcement and Information Advantage of Institutional Investors,” which is published at the Journal of Accounting, Auditing, and Finance (2018).