• Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
Securities Docket
Ankura
  • Class Actions
  • Criminal
  • Events
  • Features
  • Global
  • People
  • SEC
Browse: Home / 2008 / November / 24 / Insider Trades by Females Less than Half as Profitable As Trades by Men

Insider Trades by Females Less than Half as Profitable As Trades by Men

By Securities Docket on November 24, 2008, 6:35 am

Finance professors at the University of Michigan have found that female executives and board members who buy or sell their own companies’ shares based on nonpublic information get less than half the benefit that men in similar positions gain when they risk insider trades. The professors studied 700,000 insider trades over a period of 20 years.

According to Newsweek, the study showed that:

In the first two months following an insider purchase of their own company’s shares, men typically enjoyed a 19 percent gain in the shares’ value while their female counterparts got just a 9 percent bump. Viewed in dollar terms, the gap looks even worse. Women average only an $80,000 gain per trade while the guys rake in an average of $350,000. Despite these stats, though, the researchers found that women were just as likely to engage in insider trading as men.

Read the Newsweek article

Posted in Industry | Tagged Insider Trading, Research

« Previous Next »

Subscribe

‘Enforcement 40’ for 2020

Ankura

Our Sponsors

Securities-Docket_260x125_14Sec Ankura 260x125

Join Us On LinkedIn

Join the Securities Litigation and Enforcement Group on LinkedIn

Archives

Copyright © 2022 Securities Docket.

  • Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
  • Criminal
  • Class Actions
  • Features
  • Global
  • People
  • SEC
  • Events