Skip to main content

LUP Student Papers

LUND UNIVERSITY LIBRARIES

Insider Trading in the Swedish Stock Market – Does it generate abnormal returns?

Johansson, Lars and Knopp, Mikael (2005)
Department of Business Administration
Abstract
The purpose of the study is to investigate whether insiders generate an abnormal return compared with other investors on the Swedish Stock Market. This abnormal return is defined as the cumulative average abnormal return (CAAR). The other purpose is to investigate whether it would be profitable for “outsiders” to mimic the transactions of insider trades. The results indicate several significant abnormal returns on insider trades, especially on buy transactions. It would be profitable for an ”outsider” to mimic insider trades.
Please use this url to cite or link to this publication:
author
Johansson, Lars and Knopp, Mikael
supervisor
organization
year
type
H1 - Master's Degree (One Year)
subject
keywords
abnormal returns, insider trading, market model, event study, Management of enterprises, Företagsledning, management
language
Swedish
id
1344881
date added to LUP
2005-06-07 00:00:00
date last changed
2012-04-02 15:39:12
@misc{1344881,
  abstract     = {{The purpose of the study is to investigate whether insiders generate an abnormal return compared with other investors on the Swedish Stock Market. This abnormal return is defined as the cumulative average abnormal return (CAAR). The other purpose is to investigate whether it would be profitable for “outsiders” to mimic the transactions of insider trades. The results indicate several significant abnormal returns on insider trades, especially on buy transactions. It would be profitable for an ”outsider” to mimic insider trades.}},
  author       = {{Johansson, Lars and Knopp, Mikael}},
  language     = {{swe}},
  note         = {{Student Paper}},
  title        = {{Insider Trading in the Swedish Stock Market – Does it generate abnormal returns?}},
  year         = {{2005}},
}