The Impact of Industrial Network Structure on Insider Trading
- DOI
- 10.2991/978-94-6239-701-9_45How to use a DOI?
- Keywords
- Supply chain; Insider trading; Corporate governance
- Abstract
Opportunistic share reduction by executives is an insider trading behavior reflecting short-termism, influenced by trade information within industrial networks of the real economy. How to effectively prevent such practices to maintain market fairness and stability warrants exploration. Using social network analysis methods and data from Chinese A-share listed companies, this study investigates whether opportunistic share reduction by executives is affected by the position of their industry within industrial networks. Findings reveal that companies located at the center of industrial networks are more prone to opportunistic share reduction by executives. This study not only offers an industrial network perspective for examining the motivations behind insider trading behaviors like opportunistic share sales by executives but also delves into the mechanisms of information asymmetry within industrial networks. It provides valuable practical insights for preventing and governing insider trading, protecting the interests of investors, and promoting the healthy and stable development of China's capital markets.
- Copyright
- © 2026 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Jingpin Yuan PY - 2026 DA - 2026/07/30 TI - The Impact of Industrial Network Structure on Insider Trading BT - Proceedings of the 2026 11th International Conference on Social Sciences and Economic Development (ICSSED 2026) PB - Atlantis Press SP - 436 EP - 442 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6239-701-9_45 DO - 10.2991/978-94-6239-701-9_45 ID - Yuan2026 ER -