A note on reverse competition and the Martha Stewart sentencing

Mark Schaub

Applied Economics Letters, 2008, vol. 15, issue 15, 1159-1161

Abstract: This study notes that the light sentence for insider trading that resulted in a nearly 37% gain for Martha Stewart Living Omnimedia, Inc. also may have been responsible for a small but significant average loss for industry rivals on the sentencing date. The sentence that was 'good' news for Martha was also 'bad' news for her competitors on the sentencing date.

Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:15:y:2008:i:15:p:1159-1161

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DOI: 10.1080/13504850601018064

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