Impact of directors' trading on firm value : implications of insider trading regulations.

This study investigates the market reactions to directors' trading activities on the company's securities to evaluate the possibility of any insider trading activities and the effectiveness of the insider trading provisions. This study employs the event study methodology to investigate the...

Full description

Bibliographic Details
Main Author: Yek, Tiew Chan.
Other Authors: Tan, Kok Hui
Format: Thesis
Language:English
Published: 2009
Subjects:
Online Access:http://hdl.handle.net/10356/20080
Description
Summary:This study investigates the market reactions to directors' trading activities on the company's securities to evaluate the possibility of any insider trading activities and the effectiveness of the insider trading provisions. This study employs the event study methodology to investigate the market reactions. This study also discusses the insider trading provisions found in the Securities Industry Act, Companies Act and the SES Corporate Disclosure Policy.