Ownership Structure and Insider Trading: Evidence from China
In this paper, we examine the information content of insider transactions in China and analyze how ownership structures shape market reaction to these transactions. We find that the cumulative abnormal return (CAR) to insider purchases is a convex function of the percentage of shares owned by the la...
| Authors: | ; |
|---|---|
| Format: | Electronic Article |
| Language: | English |
| Check availability: | HBZ Gateway |
| Journals Online & Print: | Drawer...
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| Fernleihe: | Fernleihe für die Fachinformationsdienste |
| Published: |
Springer Science + Business Media B. V
2016
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| In: |
Journal of business ethics
Year: 2016, Volume: 134, Issue: 4, Pages: 553-574 |
| Further subjects: | B
Audit Quality
B Insider trading B Ownership structure B China B G34 |
| Online Access: |
Volltext (JSTOR) Volltext (lizenzpflichtig) |