The probable factors of insider trading in Malaysian firms prior to acquisition announcement / Majid Sarli ... [et al.]

Sarli, Majid and Tan, Olivia Swee Leng and Aghashahi, Betsabeh and Sarli, Abduljalil (2014) The probable factors of insider trading in Malaysian firms prior to acquisition announcement / Majid Sarli ... [et al.]. Malaysian Accounting Review, 13 (2). pp. 125-141. ISSN 1675-4077


The aim of this paper is to deliberate on the subject of nsider trading that is viewed as a financial crime as well as to identify major factors that can contribute to reducing it. In this case, this research is focuses on investigation of companies’ acquisition announcements, which are listed from the traded volumes of Bursa Malaysia between 2008 and 2011. The study useda sample of considered thirty companies and their acquisition announcements are analyzed by examining their Average Cumulative Abnormal Volume Traded (ACAVT) to identify probable insider trading activities. The study affirms consequently, stronger laws, effective rules and regulations are recognized as effi cient approaches to controlling insider trading at the fi nancial markets, while the infl uencing factors on insider trading would be suggested as the proposed conceptual model for further research


Item Type: Article
CreatorsID Num. / Email
Tan, Olivia Swee LengUNSPECIFIED
Aghashahi, BetsabehUNSPECIFIED
Sarli, AbduljalilUNSPECIFIED
Subjects: H Social Sciences > HG Finance > Investment, capital formation, speculation > Stock exchanges. Insider trading in securities > Malaysia
H Social Sciences > HV Social pathology. Social and public welfare. Criminology > Commercial crimes. Financial crimes. White collar crimes > Malaysia
Divisions: Universiti Teknologi MARA, Shah Alam > Accounting Research Institute (ARI)
Journal or Publication Title: Malaysian Accounting Review
ISSN: 1675-4077
Volume: 13
Number: 2
Page Range: pp. 125-141
Item ID: 12416
Uncontrolled Keywords: Insider trading; Financial crime; Bursa Malaysia


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