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