PDF-AbstractWhilemuchaccountinginformationisidiosyncraticbynature,economy-

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1IntroductionCorporateinsiderspossessprivateinformationthatenablesthemtopursuetheirowninterestsattheexpenseofinvestorswhoprovidefundstothe133rmToprotectthemselvesagainstthispossibilityinvestorsm

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