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Unveiling Corruption's Influence on Insider Trading: US Insights

Ahmed Al‐Hadi et al.

Accounting and Finance2026https://doi.org/10.1111/acfi.70172article
AJG 2ABDC A
Weight
0.50

What the paper says

This study examines the relationship between state‐level political corruption and firm‐level insider trading in the United States. State corruption is proxied using Department of Justice court cases involving corrupt activities. The findings reveal a positive and statistically significant association between political corruption and insider trading purchases by corporate insiders. This relationship is particularly strong among firms that issue financial restatements and those facing higher litigation risk. The results remain robust across alternative measures of insider trading and hold under two‐stage least squares estimation, propensity score matching, and a difference‐in‐differences research design.

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https://doi.org/https://doi.org/10.1111/acfi.70172

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@article{ahmed2026,
  title        = {{Unveiling Corruption's Influence on Insider Trading: US Insights}},
  author       = {Ahmed Al‐Hadi et al.},
  journal      = {Accounting and Finance},
  year         = {2026},
  doi          = {https://doi.org/https://doi.org/10.1111/acfi.70172},
}

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Unveiling Corruption's Influence on Insider Trading: US Insights

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.