Information content of substantial shareholders' trades and outsiders' abnormal returns from replication.
Chong, Yit Jen.
Tan, Shi Jia.
Tan, Wei Yan.
Date of Issue2005
College of Business (Nanyang Business School)
We investigate the relationship between substantial shareholders and insider trading. Substantial shareholders may possess privileged information through monitoring the company. Hence, they may have an informational advantage over uninformed investors. We add to the limited literature that explores information content of substantial shareholders’ trades and outsiders’ abnormal returns by replicating.
Final Year Project (FYP)
Nanyang Technological University