Insider trading, gender diversity within the board room, <scp>CEO</scp> pay gap, and stock price crash risk

Insider Trading and the 2008 Stock Market Crash

This paper examines insider trading during the October, 2008 stock market crash. I show that inside traders did not sell big losers before the crash. However, insiders bought in very large numbers immediately after the crash, and were especially active buyers in small firms, high book-to-market firms, and high-beta firms. The insiders who bought during this period successfully predicted post-cr...

Investigating the Effect of Business Strategy and Stock Price Synchronicity on Stock Price Crash Risk

Stock price crash risk has a significant impact on investors, creditors, managers, and shareholders, so the prediction of this phenomenon is a very important issue in investment and risk management decisions. This research investigates the effect of business strategy and stock price synchronicity on stock price crash risk. Following Bentley et al.[2], composite strategy score has been used to ...

Predict the Stock price crash risk by using firefly algorithm and comparison with regression

Stock price crash risk is a phenomenon in which stock prices are subject to severe negative and sudden adjustments. So far, different approaches have been proposed to model and predict  the  stock price crash risk, which in most cases have been the main emphasis on the factors affecting it, and often traditional methods have been used for prediction. On the other hand, using  Meta Heuristic Alg...

The Gender Pay Gap

Forecasting Crash risk using Business Strategy, Equity Overvaluation and Conditional Skewness in Stock Price

A firm is called to have stock price crash risk if the firm has a tendency to experience a sudden drop in its stock price. In this study, the relation between the firm-level of business strategy and future stock price crash risk Is examined, as well as the effect of stock overvaluation on the relationship between business strategy and crash risk investigated. Using the strategy index and crash ...