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

Yusof, Abdul Hafiz and Mohd Nassaruddin, Ahmad Fawwaz and Haris, Sharazad and Muhamad Yusuf, Noor Hafizha and Wan Zakaria, Wan Mohd Farid (2013) The existence of insider trading in Malaysia: an event study approach / Abdul Hafiz Yusof... [et al]. Jurnal Intelek, 8 (1). pp. 12-25. ISSN 2682-9223

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Abstract

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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Item Type: Article
Creators:
Creators
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Yusof, Abdul Hafiz
UNSPECIFIED
Mohd Nassaruddin, Ahmad Fawwaz
UNSPECIFIED
Haris, Sharazad
UNSPECIFIED
Muhamad Yusuf, Noor Hafizha
UNSPECIFIED
Wan Zakaria, Wan Mohd Farid
UNSPECIFIED
Subjects: H Social Sciences > HG Finance > Investment, capital formation, speculation
H Social Sciences > HG Finance > Investment, capital formation, speculation > Stock exchanges. Insider trading in securities
Divisions: Universiti Teknologi MARA, Perlis > Arau Campus
Journal or Publication Title: Jurnal Intelek
UiTM Journal Collections: UiTM Journal > Jurnal Intelek (JI)
ISSN: 2682-9223
Volume: 8
Number: 1
Page Range: pp. 12-25
Official URL: https://jurnalintelek.uitm.edu.my/index.php/main
Item ID: 34435
Uncontrolled Keywords: Insider trading; Event study; Abnormal returns
URI: https://ir.uitm.edu.my/id/eprint/34435

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34435

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