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...
| Main Authors: | , , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Universiti Teknologi Mara ( Perlis)
2013
|
| Subjects: | |
| Online Access: | http://irep.iium.edu.my/57837/ http://irep.iium.edu.my/57837/1/INTELEK.pdf |
| _version_ | 1848785005204996096 |
|---|---|
| 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 |
| building | IIUM Repository |
| collection | Online Access |
| 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. |
| first_indexed | 2025-11-14T16:46:15Z |
| format | Article |
| id | iium-57837 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T16:46:15Z |
| publishDate | 2013 |
| publisher | Universiti Teknologi Mara ( Perlis) |
| recordtype | eprints |
| repository_type | Digital Repository |
| 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 |
| 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 |
| title | 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_short | The existence of insider trading in Malaysia: an event study approach |
| title_sort | existence of insider trading in malaysia: an event study approach |
| topic | HG4501 Stocks, investment, speculation |
| url | http://irep.iium.edu.my/57837/ http://irep.iium.edu.my/57837/ http://irep.iium.edu.my/57837/1/INTELEK.pdf |