{"id":"https://openalex.org/W3049235231","doi":"https://doi.org/10.1016/j.jcorpfin.2019.02.001","title":"Insider trading and networked directors","display_name":"Insider trading and networked directors","publication_year":2019,"publication_date":"2019-02-12","ids":{"openalex":"https://openalex.org/W3049235231","doi":"https://doi.org/10.1016/j.jcorpfin.2019.02.001","mag":"3049235231"},"language":"en","primary_location":{"id":"doi:10.1016/j.jcorpfin.2019.02.001","doi":"https://doi.org/10.1016/j.jcorpfin.2019.02.001","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jcorpfin.2019.02.001","pdf_url":null,"source":{"id":"https://openalex.org/S152282257","display_name":"Journal of Corporate Finance","issn_l":"0929-1199","issn":["0929-1199","1872-6313"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-1","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Corporate Finance","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref","datacite"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.3229606","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5090450715","display_name":"Marc Goergen A","orcid":"https://orcid.org/0000-0003-4391-2651","observed_orcids":["https://orcid.org/0000-0003-4391-2651"]},"institutions":[{"id":"https://openalex.org/I125068653","display_name":"IE University","ror":"https://ror.org/02jjdwm75","country_code":"ES","type":"education","lineage":["https://openalex.org/I125068653"]}],"countries":["ES"],"is_corresponding":false,"raw_author_name":"Marc Goergen","raw_affiliation_strings":["IE Business School, Spain"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"IE Business School, Spain","institution_ids":["https://openalex.org/I125068653"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5016674922","display_name":"Luc D. R. Renneboog","orcid":"https://orcid.org/0000-0002-6068-3910","observed_orcids":["https://orcid.org/0000-0002-6068-3910"]},"institutions":[{"id":"https://openalex.org/I193700539","display_name":"Tilburg University","ror":"https://ror.org/04b8v1s79","country_code":"NL","type":"education","lineage":["https://openalex.org/I193700539"]}],"countries":["NL"],"is_corresponding":true,"raw_author_name":"Luc Renneboog","raw_affiliation_strings":["Tilburg University, Netherlands"],"raw_orcid":"https://orcid.org/0000-0002-6068-3910","affiliations":[{"raw_affiliation_string":"Tilburg University, Netherlands","institution_ids":["https://openalex.org/I193700539"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5101653762","display_name":"Yang Zhao","orcid":"https://orcid.org/0000-0002-5018-6953","observed_orcids":["https://orcid.org/0000-0002-5018-6953"]},"institutions":[{"id":"https://openalex.org/I84884186","display_name":"Newcastle University","ror":"https://ror.org/01kj2bm70","country_code":"GB","type":"education","lineage":["https://openalex.org/I84884186"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Yang Zhao","raw_affiliation_strings":["Newcastle University Business School, UK"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Newcastle University Business School, UK","institution_ids":["https://openalex.org/I84884186"]}]}],"institutions":[],"countries_distinct_count":3,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5016674922"],"corresponding_institution_ids":["https://openalex.org/I193700539"],"apc_list":{"value":1100,"currency":"USD","value_usd":1100},"apc_paid":null,"fwci":9.3285,"has_fulltext":false,"cited_by_count":87,"citation_normalized_percentile":{"value":0.98132514,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":96,"max":100},"biblio":{"volume":"56","issue":null,"first_page":"152","last_page":"175"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9434000253677368,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9434000253677368,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.04619999974966049,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14373","display_name":"Securities Regulation and Market Practices","score":0.007300000172108412,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/insider-trading","display_name":"insider trading","score":0.9980000257492065},{"id":"https://openalex.org/keywords/director-networks","display_name":"director networks","score":0.6480000019073486},{"id":"https://openalex.org/keywords/executive-directors","display_name":"executive directors","score":0.8059999942779541},{"id":"https://openalex.org/keywords/non-executive-directors","display_name":"non-executive directors","score":0.9980000257492065},{"id":"https://openalex.org/keywords/network-centrality","display_name":"network centrality","score":0.6710000038146973},{"id":"https://openalex.org/keywords/market-trends","display_name":"market trends","score":0.32499998807907104},{"id":"https://openalex.org/keywords/industry-trends","display_name":"industry trends","score":0.7049999833106995},{"id":"https://openalex.org/keywords/trading-frequency","display_name":"trading frequency","score":0.5210000276565552},{"id":"https://openalex.org/keywords/trading-profitability","display_name":"trading profitability","score":0.5519999861717224},{"id":"https://openalex.org/keywords/uk-listed-firms","display_name":"UK listed companies","score":0.7110000252723694}],"concepts":[{"id":"https://openalex.org/C2781078320","wikidata":"https://www.wikidata.org/wiki/Q854623","display_name":"Insider trading","level":2,"score":0.8951794505119324},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.7814352512359619},{"id":"https://openalex.org/C2778971194","wikidata":"https://www.wikidata.org/wiki/Q1664551","display_name":"Insider","level":2,"score":0.7497485876083374},{"id":"https://openalex.org/C99221444","wikidata":"https://www.wikidata.org/wiki/Q1532069","display_name":"Private information retrieval","level":2,"score":0.592437744140625},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.5872306227684021},{"id":"https://openalex.org/C25343380","wikidata":"https://www.wikidata.org/wiki/Q277521","display_name":"Relation (database)","level":2,"score":0.5290635824203491},{"id":"https://openalex.org/C192209626","wikidata":"https://www.wikidata.org/wiki/Q190909","display_name":"Focus (optics)","level":2,"score":0.4869498014450073},{"id":"https://openalex.org/C2991964916","wikidata":"https://www.wikidata.org/wiki/Q854623","display_name":"Inside information","level":2,"score":0.4490455389022827},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.2942429184913635},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.06403452157974243},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C120665830","wikidata":"https://www.wikidata.org/wiki/Q14620","display_name":"Optics","level":1,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C77088390","wikidata":"https://www.wikidata.org/wiki/Q8513","display_name":"Database","level":1,"score":0.0}],"mesh":[],"locations_count":10,"locations":[{"id":"doi:10.1016/j.jcorpfin.2019.02.001","doi":"https://doi.org/10.1016/j.jcorpfin.2019.02.001","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jcorpfin.2019.02.001","pdf_url":null,"source":{"id":"https://openalex.org/S152282257","display_name":"Journal of Corporate Finance","issn_l":"0929-1199","issn":["0929-1199","1872-6313"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-1","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Corporate Finance","raw_type":"journal-article"},{"id":"doi:10.2139/ssrn.3229606","doi":"https://doi.org/10.2139/ssrn.3229606","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.3229606","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},{"id":"pmh:oai:tilburguniversity.edu:openaire/dd590177-d348-410e-a971-b3487d81607e","doi":null,"is_oa":true,"landing_page_url":"https://research.tilburguniversity.edu/en/publications/dd590177-d348-410e-a971-b3487d81607e","pdf_url":null,"source":{"id":"https://openalex.org/S4306401490","display_name":"Research portal (Tilburg University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I193700539","host_organization_name":"Tilburg University","host_organization_lineage":["https://openalex.org/I193700539"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Goergen, M, Renneboog, L & Zhao, Y 2019, 'Insider trading and networked directors', Journal of Corporate Finance, vol. 56, pp. 152-175. https://doi.org/10.1016/j.jcorpfin.2019.02.001","raw_type":"info:eu-repo/semantics/article"},{"id":"pmh:oai:RePEc:tiu:tiutis:dd590177-d348-410e-a971-b3487d81607e","doi":null,"is_oa":false,"landing_page_url":"https://repository.tilburguniversity.edu/bitstreams/15248c64-455d-4313-b767-35676be74e1a/download","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:uvt:oai:tilburguniversity.edu:publications/dd590177-d348-410e-a971-b3487d81607e","doi":null,"is_oa":false,"landing_page_url":"https://research.tilburguniversity.edu/en/publications/dd590177-d348-410e-a971-b3487d81607e","pdf_url":null,"source":{"id":"https://openalex.org/S4306401843","display_name":"Data Archiving and Networked Services (DANS)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1322597698","host_organization_name":"Royal Netherlands Academy of Arts and Sciences","host_organization_lineage":["https://openalex.org/I1322597698"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Journal of Corporate Finance, 56, 152 - 175. Elsevier","raw_type":"info:eu-repo/semantics/article"},{"id":"pmh:oai:RePEc:eee:corfin:v:56:y:2019:i:c:p:152-175","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S0929119918305315","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:https://orca.cardiff.ac.uk:122105","doi":null,"is_oa":false,"landing_page_url":"https://orca.cardiff.ac.uk/id/eprint/122105/","pdf_url":null,"source":{"id":"https://openalex.org/S4306401195","display_name":"ORCA Online Research @Cardiff (Cardiff University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I79510175","host_organization_name":"Cardiff University","host_organization_lineage":["https://openalex.org/I79510175"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Article"},{"id":"pmh:oai:repositorio.ie.edu:20.500.14417/3755","doi":null,"is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.jcorpfin.2019.02.001.","pdf_url":null,"source":{"id":"https://openalex.org/S7407055216","display_name":"IE Repository","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"info:eu-repo/semantics/article"},{"id":"doi:10.25405/ncl.34374465","doi":"https://doi.org/10.25405/ncl.34374465","is_oa":true,"landing_page_url":"https://doi.org/10.25405/ncl.34374465","pdf_url":null,"source":{"id":"https://openalex.org/S4306402485","display_name":"Newcastle University ePrints (Newcastle Univesity)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I84884186","host_organization_name":"Newcastle University","host_organization_lineage":["https://openalex.org/I84884186"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"JournalArticle"},{"id":"doi:10.25405/ncl.34374465.v1","doi":"https://doi.org/10.25405/ncl.34374465.v1","is_oa":true,"landing_page_url":"https://doi.org/10.25405/ncl.34374465.v1","pdf_url":null,"source":{"id":"https://openalex.org/S4306402485","display_name":"Newcastle University ePrints (Newcastle Univesity)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I84884186","host_organization_name":"Newcastle University","host_organization_lineage":["https://openalex.org/I84884186"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"JournalArticle"}],"best_oa_location":{"id":"doi:10.2139/ssrn.3229606","doi":"https://doi.org/10.2139/ssrn.3229606","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.3229606","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[{"id":"https://openalex.org/F4320311026","display_name":"Shandong University","ror":"https://ror.org/0207yh398"},{"id":"https://openalex.org/F4320320295","display_name":"Newcastle University","ror":"https://ror.org/01kj2bm70"},{"id":"https://openalex.org/F4320320298","display_name":"University of Leeds","ror":"https://ror.org/024mrxd33"},{"id":"https://openalex.org/F4320320322","display_name":"University of Bath","ror":"https://ror.org/002h8g185"}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":68,"referenced_works":["https://openalex.org/W1910271786","https://openalex.org/W1979436160","https://openalex.org/W1984490824","https://openalex.org/W1988620426","https://openalex.org/W1994682517","https://openalex.org/W2018931948","https://openalex.org/W2028100009","https://openalex.org/W2032154697","https://openalex.org/W2032898845","https://openalex.org/W2033050213","https://openalex.org/W2033986110","https://openalex.org/W2047040299","https://openalex.org/W2058740981","https://openalex.org/W2060580356","https://openalex.org/W2067154393","https://openalex.org/W2086950964","https://openalex.org/W2090811468","https://openalex.org/W2098630070","https://openalex.org/W2104796460","https://openalex.org/W2109469951","https://openalex.org/W2125183960","https://openalex.org/W2125910575","https://openalex.org/W2134200850","https://openalex.org/W2141161515","https://openalex.org/W2143993253","https://openalex.org/W2145706046","https://openalex.org/W2148171397","https://openalex.org/W2157298142","https://openalex.org/W2170713238","https://openalex.org/W2197760767","https://openalex.org/W2238750598","https://openalex.org/W2294412851","https://openalex.org/W2511810326","https://openalex.org/W2527954159","https://openalex.org/W2528435572","https://openalex.org/W2563634978","https://openalex.org/W2566919490","https://openalex.org/W2621432301","https://openalex.org/W2736025193","https://openalex.org/W2890190386","https://openalex.org/W2905002681","https://openalex.org/W3048978509","https://openalex.org/W3049099936","https://openalex.org/W3121409228","https://openalex.org/W3121585434","https://openalex.org/W3121736574","https://openalex.org/W3121910452","https://openalex.org/W3122055684","https://openalex.org/W3122178747","https://openalex.org/W3122371828","https://openalex.org/W3123062772","https://openalex.org/W3123083317","https://openalex.org/W3123093922","https://openalex.org/W3123422552","https://openalex.org/W3123571119","https://openalex.org/W3123593396","https://openalex.org/W3123749891","https://openalex.org/W3124198244","https://openalex.org/W3124313012","https://openalex.org/W3125239153","https://openalex.org/W3125383637","https://openalex.org/W3125478403","https://openalex.org/W3125577440","https://openalex.org/W3146458811","https://openalex.org/W3154320240","https://openalex.org/W4234476263","https://openalex.org/W4244413809","https://openalex.org/W4252449759"],"related_works":["https://openalex.org/W3123476648","https://openalex.org/W3125478403","https://openalex.org/W7100132662","https://openalex.org/W222839522","https://openalex.org/W7046545857","https://openalex.org/W2206554985","https://openalex.org/W2905002681","https://openalex.org/W4407267407","https://openalex.org/W4206706424","https://openalex.org/W7096414533"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":9},{"year":2025,"cited_by_count":23},{"year":2024,"cited_by_count":14},{"year":2023,"cited_by_count":9},{"year":2022,"cited_by_count":8},{"year":2021,"cited_by_count":15},{"year":2020,"cited_by_count":6},{"year":2019,"cited_by_count":3}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2020-08-21T00:00:00"}