Insider Trading in the Swedish Stock Market – Does it generate abnormal returns?
(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:
http://lup.lub.lu.se/student-papers/record/1344881
- author
- Johansson, Lars and Knopp, Mikael
- supervisor
- organization
- year
- 2005
- 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}}, }