Insider Trading and Corporate Spinoffs

• المؤلفون الرئيسيون: Ding, David K., Charoenwong, Charlie, Pan, Jing
• التنسيق: مقال
• اللغة: English
• منشور في: UUM Press 2023
• الموضوعات: HG Finance
• الوصول للمادة أونلاين: https://repo.uum.edu.my/id/eprint/29659/1/IJBF%2018%2002%202023%201-28.pdf; https://doi.org/10.32890/ijbf2023.18.2.1; https://repo.uum.edu.my/id/eprint/29659/; https://e-journal.uum.edu.my/index.php/ijbf/article/view/15367; https://doi.org/10.32890/ijbf2023.18.2.1

The study reported here examines insider trading and the issue of undervaluation as a motive behind corporate spinoffs. The results show an unmistakable increase (decrease) in the number of insider purchases (sales) and net purchases (sales) in the four quarters prior to a spinoff announcement. In a...