Outputs (2)

Does the Stock Market Influence Investor Everyday Decisions? The Case of Parking Violations (2022)
Journal Article
Siganos, A. (2022). Does the Stock Market Influence Investor Everyday Decisions? The Case of Parking Violations. International Review of Financial Analysis, 82, Article 102164. https://doi.org/10.1016/j.irfa.2022.102164

We explore in this study whether stock market returns influence investor decisions in their everyday life. We find that past and contemporaneous US stock market returns are related negatively to the registered number of parking violations in New York... Read More about Does the Stock Market Influence Investor Everyday Decisions? The Case of Parking Violations.

I only fear when I hear: How media affects insider trading in takeover targets (2022)
Journal Article
Aleksanyan, M., Danbolt, J., Siganos, A., & Wu, B. (2022). I only fear when I hear: How media affects insider trading in takeover targets. Journal of Empirical Finance, 67, 318-342. https://doi.org/10.1016/j.jempfin.2022.04.004

We study how target firm insiders respond to Wall Street Journal articles referring to illegal insider trading in past mergers. Such articles lead to target insider share purchases before bid announcement to drop by 75%. This effect is stronger neare... Read More about I only fear when I hear: How media affects insider trading in takeover targets.