The existence of insider trading in Malaysia: an event study approach / Abdul Hafiz Yusof... [et al]

This paper focuses on the role of insider trading activity in Malaysia. It attempts to indicate the existence of the abnormal profit from this activity. Recently developed countries like United States and United Kingdom have reported that the activity can no longer gives abnormal profit for long pe...

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Main Authors: Yusof, Abdul Hafiz, Mohd Nassaruddin, Ahmad Fawwaz, Haris, Sharazad, Muhamad Yusuf, Noor Hafizha, Wan Zakaria, Wan Mohd Farid
Format: Article
Language:English
Published: Universiti Teknologi MARA, Perlis 2013
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/34435/1/34435.pdf
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author Yusof, Abdul Hafiz
Mohd Nassaruddin, Ahmad Fawwaz
Haris, Sharazad
Muhamad Yusuf, Noor Hafizha
Wan Zakaria, Wan Mohd Farid
author_facet Yusof, Abdul Hafiz
Mohd Nassaruddin, Ahmad Fawwaz
Haris, Sharazad
Muhamad Yusuf, Noor Hafizha
Wan Zakaria, Wan Mohd Farid
author_sort Yusof, Abdul Hafiz
collection UITM
description This paper focuses on the role of insider trading activity in Malaysia. It attempts to indicate the existence of the abnormal profit from this activity. Recently developed countries like United States and United Kingdom have reported that the activity can no longer gives abnormal profit for long period due to laws imposed in those countries, attention now turns to emerging market like Malaysia. By using event study analysis, 200 cases of insider trading activity reported between January 2008 and March 2009 were closely examine and the result shows that while abnormal return do exist, it is mostly not significant. This paper also looks at the individuals and institutional insider and their performances respectively.
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spelling oai:ir.uitm.edu.my:344352020-09-21T06:14:03Z https://ir.uitm.edu.my/id/eprint/34435/ The existence of insider trading in Malaysia: an event study approach / Abdul Hafiz Yusof... [et al] jurnalintelek Yusof, Abdul Hafiz Mohd Nassaruddin, Ahmad Fawwaz Haris, Sharazad Muhamad Yusuf, Noor Hafizha Wan Zakaria, Wan Mohd Farid Investment, capital formation, speculation Stock exchanges. Insider trading in securities This paper focuses on the role of insider trading activity in Malaysia. It attempts to indicate the existence of the abnormal profit from this activity. Recently developed countries like United States and United Kingdom have reported that the activity can no longer gives abnormal profit for long period due to laws imposed in those countries, attention now turns to emerging market like Malaysia. By using event study analysis, 200 cases of insider trading activity reported between January 2008 and March 2009 were closely examine and the result shows that while abnormal return do exist, it is mostly not significant. This paper also looks at the individuals and institutional insider and their performances respectively. Universiti Teknologi MARA, Perlis 2013-06 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/34435/1/34435.pdf The existence of insider trading in Malaysia: an event study approach / Abdul Hafiz Yusof... [et al]. (2013) Jurnal Intelek <https://ir.uitm.edu.my/view/publication/Jurnal_Intelek/>, 8 (1). pp. 12-25. ISSN 2682-9223 https://jurnalintelek.uitm.edu.my/index.php/main
spellingShingle Investment, capital formation, speculation
Stock exchanges. Insider trading in securities
Yusof, Abdul Hafiz
Mohd Nassaruddin, Ahmad Fawwaz
Haris, Sharazad
Muhamad Yusuf, Noor Hafizha
Wan Zakaria, Wan Mohd Farid
The existence of insider trading in Malaysia: an event study approach / Abdul Hafiz Yusof... [et al]
title The existence of insider trading in Malaysia: an event study approach / Abdul Hafiz Yusof... [et al]
title_full The existence of insider trading in Malaysia: an event study approach / Abdul Hafiz Yusof... [et al]
title_fullStr The existence of insider trading in Malaysia: an event study approach / Abdul Hafiz Yusof... [et al]
title_full_unstemmed The existence of insider trading in Malaysia: an event study approach / Abdul Hafiz Yusof... [et al]
title_short The existence of insider trading in Malaysia: an event study approach / Abdul Hafiz Yusof... [et al]
title_sort existence of insider trading in malaysia an event study approach abdul hafiz yusof et al
topic Investment, capital formation, speculation
Stock exchanges. Insider trading in securities
url https://ir.uitm.edu.my/id/eprint/34435/1/34435.pdf
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