This study shows that the guardians behind underaged accounts are successful at picking
stocks. Moreover, they tend to channel their best trades through the accounts of children, …

We present institutional features of the Nordic initial public offering (IPO) markets and relate
initial return, long‐run performance and size of companies listed during 1991–2002 to …

Abstract Analysis of shareholdings reveals that corporate directors generate positive alpha
when they hold board interlocked stocks, where they are not an insider but a current co-board …

This study examines the impact of corporate earnings announcements on trading activity
and speed of price adjustment, analyzing algorithmic and non-algorithmic trades during the …

Conducting the first study of momentum impact on households’ exchange‐traded fund (ETF)
trading behavior, we find that Finnish households are less contrarian when trading …

This paper investigates whether the personal trading decisions of CEOs are related to their
corporate acquisition decisions. We find that the personal trading performance of CEOs …

We study the intraday price impact of algorithmic trading (AT) on futures markets. We find that
AT exhibits a strong reverse U‐shape intraday pattern, and greater AT activity is related to …

This paper examines whether the trading activity of different investor types, institutional
versus retail, can affect the relation between beta and average returns. We find that the beta-…

We investigate the short‐term relation between individual investor trading and stock returns
on the Australian Securities Exchange. Stocks heavily bought by individual investors …

Drastic changes in transaction tax on securities trading in both Sweden and Finland give us
a unique opportunity to study the effects of a purely exogenous change in transaction costs. …