# PhD student Seil Kim's research on the relationship between corporate board meetings and stock purchases is featured

1 School News May 8, 2016 ![Wall Street Journal logo](/sites/default/files/styles/246w/public/assets/images/wsjlogo.jpg?itok=5Qt0z3WX)>

Excerpt from [The Wall Street Journal](http://blogs.wsj.com/moneybeat/2016/05/09/playing-the-inside-game-at-corporate-boards/) -- "By digging through corporate by-laws, Mr. Kim was able to hand collect regularly scheduled meeting times for a sample of over 100 companies. Examining those dates, he found that material news is far more likely to get released on the day of a board meeting and the day immediately following than other days. He then looked at the performance of stock purchases made by outside directors immediately before board meetings. The finding: They outperformed."

[Read more](http://blogs.wsj.com/moneybeat/2016/05/09/playing-the-inside-game-at-corporate-boards/)