INSIDER TRADING AND CORPORATE SPINOFFS

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...

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Bibliographic Details
Main Authors: Charlie Charoenwong, David K. Ding, Jing Pan
Format: Article
Language:English
Published: Universiti Utara Malaysia 2023-06-01
Series:The International Journal of Banking and Finance
Subjects:
Online Access:https://e-journal.uum.edu.my/index.php/ijbf/article/view/15367