Insider Trading and the Stock Market
Author: Henry G. Manne
Publisher:
Published: 1966
Total Pages: 296
ISBN-13:
DOWNLOAD EBOOKRead and Download eBook Full
Author: Henry G. Manne
Publisher:
Published: 1966
Total Pages: 296
ISBN-13:
DOWNLOAD EBOOKAuthor: Mr Paul Barnes
Publisher: Gower Publishing, Ltd.
Published: 2012-09-28
Total Pages: 228
ISBN-13: 1409458709
DOWNLOAD EBOOKThe recent turbulence in the stock market has brought into question the way, and prices at which, shares are traded, and how the market effectively values companies. It has also raised public concern as to the way by which dealers and investors take advantage of changes in market prices. A number of high profile criminal prosecutions of insider dealing and market abuse and the frequent claims of other instances, combined with the changes in regulations resulting in a more aggressive and proactive stance by the various regulators, have brought the issue under the spotlight. This book discusses what makes stock market efficiency so important for the economy, looks at the theory and issues that underpin market abuse and why an offence often dismissed as a victimless crime is punished so severely. It explores the impact of perception and other factors that distort the market and outlines the extent of abuse. Regulators, lawyers, company officials, investigators, professional advisers and of course investors, both professional and otherwise will find this a helpful guide to the underlying elements of fraud and market manipulation.
Author: H. Nejat Seyhun
Publisher: MIT Press
Published: 2000-02-28
Total Pages: 452
ISBN-13: 9780262692342
DOWNLOAD EBOOKLearn how to profit from information about insider trading. The term insider trading refers to the stock transactions of the officers, directors, and large shareholders of a firm. Many investors believe that corporate insiders, informed about their firms' prospects, buy and sell their own firm's stock at favorable times, reaping significant profits. Given the extra costs and risks of an active trading strategy, the key question for stock market investors is whether the publicly available insider-trading information can help them to outperform a simple passive index fund. Basing his insights on an exhaustive data set that captures information on all reported insider trading in all publicly held firms over the past twenty-one years—over one million transactions!—H. Nejat Seyhun shows how investors can use insider information to their advantage. He documents the magnitude and duration of the stock price movements following insider trading, determinants of insiders' profits, and the risks associated with imitating insider trading. He looks at the likely performance of individual firms and of the overall stock market, and compares the value of what one can learn from insider trading with commonly used measures of value such as price-earnings ratio, book-to-market ratio, and dividend yield.
Author: Raghavendra Rau
Publisher: Cambridge University Press
Published: 2017-01-11
Total Pages: 196
ISBN-13: 1316984117
DOWNLOAD EBOOKThe Short Introduction to Corporate Finance provides an accessibly written guide to contemporary financial institutional practice. Rau deploys both his professional expertise and experience of teaching MBA and graduate-level courses to produce a lively discussion of the key concepts of finance, liberally illustrated with real-world examples. Built around six essential paradigms, he builds an integrated framework covering all the major ideas in finance over the past half-century. Ideal for students and practitioners alike, it will become core reading for anyone aspiring to become an effective manager.
Author: James Hirsch Lorie
Publisher:
Published: 1978
Total Pages: 780
ISBN-13:
DOWNLOAD EBOOKAuthor: Joseph E. Finnerty
Publisher:
Published: 1974
Total Pages: 15
ISBN-13:
DOWNLOAD EBOOKAuthor: Mr.Julan Du
Publisher: International Monetary Fund
Published: 2003-03-01
Total Pages: 43
ISBN-13: 1451847130
DOWNLOAD EBOOKThis paper studies the role of insider trading in explaining cross-country differences in stock market volatility. The central finding is that countries with more prevalent insider trading have more volatile stock markets, even after one controls for liquidity/maturity of the market and the volatility of the underlying fundamentals (volatility of real output and of monetary and fiscal policies). Moreover, the effect of insider trading is quantitively significant when compared with the effect of economic fundamentals.
Author: Aswath Damodaran
Publisher: John Wiley & Sons
Published: 2002-01-31
Total Pages: 1014
ISBN-13: 9780471414902
DOWNLOAD EBOOKValuation is a topic that is extensively covered in business degree programs throughout the country. Damodaran's revisions to "Investment Valuation" are an addition to the needs of these programs.
Author: Wing-Keung Wong
Publisher: Mdpi AG
Published: 2022-02-17
Total Pages: 232
ISBN-13: 9783036530802
DOWNLOAD EBOOKThe Efficient Market Hypothesis believes that it is impossible for an investor to outperform the market because all available information is already built into stock prices. However, some anomalies could persist in stock markets while some other anomalies could appear, disappear and re-appear again without any warning. A Special Issue on "Efficiency and Anomalies in Stock Markets" will be devoted to advancements in the theoretical development of market efficiency and anomaly in the Stock Market, as well as applications in Stock Market efficiency and anomalies.
Author: Paul Barnes
Publisher: CRC Press
Published: 2016-04-01
Total Pages: 222
ISBN-13: 1317049934
DOWNLOAD EBOOKThe recent turbulence in the stock market has brought into question the way, and prices at which, shares are traded, and how the market effectively values companies. It has also raised public concern as to the way by which dealers and investors take advantage of changes in market prices. A number of high profile criminal prosecutions of insider dealing and market abuse and the frequent claims of other instances, combined with the changes in regulations resulting in a more aggressive and proactive stance by the various regulators, have brought the issue under the spotlight. This book discusses what makes stock market efficiency so important for the economy, looks at the theory and issues that underpin market abuse and why an offence often dismissed as a victimless crime is punished so severely. It explores the impact of perception and other factors that distort the market and outlines the extent of abuse. Regulators, lawyers, company officials, investigators, professional advisers and of course investors, both professional and otherwise will find this a helpful guide to the underlying elements of fraud and market manipulation.