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 a...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
UUM Press
2023
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Subjects: | |
Online Access: | 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 |