The existence of insider trading in Malaysia: an event study approach

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 per...

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Main Authors: Yusof, Abdul Hafiz, Mohd Nasarudin, 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:http://irep.iium.edu.my/57837/
http://irep.iium.edu.my/57837/
http://irep.iium.edu.my/57837/1/INTELEK.pdf
id iium-57837
recordtype eprints
spelling iium-578372017-08-01T06:42:41Z http://irep.iium.edu.my/57837/ The existence of insider trading in Malaysia: an event study approach Yusof, Abdul Hafiz Mohd Nasarudin, Ahmad Fawwaz Haris, Sharazad Muhamad Yusuf, Noor Hafizha Wan Zakaria, Wan Mohd Farid HG4501 Stocks, investment, speculation 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 Article PeerReviewed application/pdf en http://irep.iium.edu.my/57837/1/INTELEK.pdf Yusof, Abdul Hafiz and Mohd Nasarudin, 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. Jurnal Intelek, 8 (1). pp. 12-23. ISSN 2231-7716 http://jurnalintelek.uitm.edu.my/index.php/main/article/view/66
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HG4501 Stocks, investment, speculation
spellingShingle HG4501 Stocks, investment, speculation
Yusof, Abdul Hafiz
Mohd Nasarudin, Ahmad Fawwaz
Haris, Sharazad
Muhamad Yusuf, Noor Hafizha
Wan Zakaria, Wan Mohd Farid
The existence of insider trading in Malaysia: an event study approach
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.
format Article
author Yusof, Abdul Hafiz
Mohd Nasarudin, Ahmad Fawwaz
Haris, Sharazad
Muhamad Yusuf, Noor Hafizha
Wan Zakaria, Wan Mohd Farid
author_facet Yusof, Abdul Hafiz
Mohd Nasarudin, Ahmad Fawwaz
Haris, Sharazad
Muhamad Yusuf, Noor Hafizha
Wan Zakaria, Wan Mohd Farid
author_sort Yusof, Abdul Hafiz
title The existence of insider trading in Malaysia: an event study approach
title_short The existence of insider trading in Malaysia: an event study approach
title_full The existence of insider trading in Malaysia: an event study approach
title_fullStr The existence of insider trading in Malaysia: an event study approach
title_full_unstemmed The existence of insider trading in Malaysia: an event study approach
title_sort existence of insider trading in malaysia: an event study approach
publisher Universiti Teknologi Mara ( Perlis)
publishDate 2013
url http://irep.iium.edu.my/57837/
http://irep.iium.edu.my/57837/
http://irep.iium.edu.my/57837/1/INTELEK.pdf
first_indexed 2023-09-18T21:21:46Z
last_indexed 2023-09-18T21:21:46Z
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