The seminar will take place on Wednesday, November 19 at Boğaziçi University, Washburn Hall (Management Building).
Please follow the link for his CV:
www.dropbox.com/s/jibaith983nk1k6/2014.11.19-Inci.CV.pdf?dl=0
Abstract of the Talk: We provide the first evidence on gender differences in trading behavior and profitability of senior corporate executives. We find that, on average, both female and male executives make positive profits from insider trading. Males, however, earn significantly more than females in equivalent positions and also trade more than females. All these results also hold for the sub-sample of very top executives. These gender differences disappear when we limit the sample to firms in which female trading is relatively high. Collectively these results suggest that female executives have a disadvantage relative to males in access to inside information even if they have equal formal status and informal networks may play an important role attenuating this disadvantage.