| 000 | 01677nam a2200265 4500 | ||
|---|---|---|---|
| 001 | 391178 | ||
| 090 | _a391178 | ||
| 100 | _a20120928d2008 y0pory50 ba | ||
| 101 | _aeng | ||
| 200 |
_aDo insiders time their trades? Evidence from Euronext Lisbon _bRecurso eletrónico _fPedro Gonçalves, João Duque |
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| 210 |
_aLisboa _cADVANCE. Instituto Superior de Economia e Gestão. Universidade Técnica de Lisboa _d2008 |
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| 215 |
_a1 CD-ROM _d12 cm |
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| 225 |
_aADVANCE Working Paper _v6 |
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| 300 | _aResumo inserto no documento. Ficheiro de 590 Kb em formato pdf (29 p.). Disponível também em: https://www.repository.utl.pt/bitstream/10400.5/2562/1/adwp52008.pdf. Acedido a 28 de setembro de 2012. | ||
| 330 | _aIn this paper, we examine the existence of insider trading abnormal profits in Euronext Lisbon from January 2001 to December 2005. Using the methodology of event studies, our overall results show that, in spite of existing legislation to regulate transactions, insiders are still able to make abnormal profits. Results also show that insider buying is a stronger indicator than insider selling and that the magnitude and duration of abnormal profits depend on both firm and transaction-specific factors. These include industry classification, firm size, firm valuation and relative trading volume. | ||
| 606 |
_aINFORMAÇÃO PRIVILEGIADA _9273887 |
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| 606 |
_aBOLSA DE VALORES _9233715 |
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| 606 |
_aOPERAÇÃO NA BOLSA _9344931 |
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| 606 |
_aTRANSACÇÃO FINANCEIRA _9343169 |
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| 606 |
_aESTUDO DE CASOS _9322367 |
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| 700 |
_aGONÇALVES _bPedro _9166155 |
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| 701 |
_aDUQUE _bJoão _9248270 |
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| 955 | _xOferta | ||