haku: @author Zaima, J. K. / yhteensä: 6
viite: 4 / 6
Tekijä:Hirschey, M.
Zaima, J. K.
Otsikko:Insider trading, ownership structure, and the market assessment of corporate sell-offs.
Lehti:Journal of Finance
1989 : SEP, VOL. 44:4, p. 971-980
Asiasana:INSIDER TRADING
COMPANY OWNERSHIP
TENDER OFFERS
FINANCIAL ANALYSIS
Kieli:eng
Tiivistelmä:It is found that the generally favourable assessment of corporate sell-off decisions is most apparent for closely held firms where insider net-buy activity is prevalent during the prior six-month period. This evidence suggests that insider trader activity and ownership structure information are used by the market in characterization of sell-off decisions as favourable or unfavourable to investors.
SCIMA tietueen numero: 70148
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