The effect of the recent insider-trading scandal on stock prices of securities firms  

Oleh:

Torabzadeh, Khalil M. ; Davidson, Dan ; Assar, Hamid

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Journal of Business Ethics vol. 8 no. 4 (Apr. 1989), page 299.
Topik: Unethical Business Conduct; Insider-trading Scandal; Stock Prices; Securities Firms

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: BB27.10 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

Lihat Detail Induk

Isi artikel

This paper addresses the impact of the unethical business conduct of a few individuals that shook the financial market in 1986. Specifically, in the study undertaken for this paper, the wealth status of the shareholders of securities firms was examined in relation to the public disclosure of the insider-trading scandals involving Dennis Levine, Ivan Boesky, and their confederates. It was hypothesized that the expected market-adjusted stock returns for the securities firms would be negative as a result of the scandals. The findings of the study supported the hypothesis.

Opini Anda

Klik untuk menuliskan opini Anda tentang koleksi ini!

Kembali