19.8. If it was known that management was selling shares at the same time as it was...

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19.8. If it was known that management was selling shares at the same time as it was increasing leverage, how would this affect the credibility of the signal? Why? What other actions or motivations by management could affect the credibility of such a signal?

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Financial Markets And Corporate Strategy

ISBN: 9780071157612

2nd Edition

Authors: Mark Grinblatt, Sheridan Titman

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