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Journals / Business and Management Studies: An International Journal / 2021 / Cilt: 9 - Sayı: 1

Impact of corporate insider on insider trading: Evidence from Pakistan stock exchange

İçeriden öğrenenlerin ticaretinde şirket içerisinden bilginin etkisi: Pakistan borsasından kanıtlar

Bismah RAO
Pages
293–306
Publication Date
2022-10-11
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

This research is just limited to Pakistan’s listed firms with limited variablesand restricted sample size

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The purpose of this study is to investigate the impact of a corporate insider on insider trading inPakistan.
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Key Findings & Data:For this purpose, 30 top firms will be extracted from 540 Listed Firms on Pakistan StockExchange, and their data from the last five years will be used in this study.
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Conclusion & Impact:This research is just limited to Pakistan’s listed firms with limited variablesand restricted sample size
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Domain Parameters

Abstract

The purpose of this study is to investigate the impact of a corporate insider on insider trading inPakistan. For this purpose, 30 top firms will be extracted from 540 Listed Firms on Pakistan StockExchange, and their data from the last five years will be used in this study. This research will measurethe variables by the method of Logit Regression Analysis. The result shows that Directors’ ownershiphas optimistic and Audit firms hurt insider trading, whereas the remaining four variables had noimpact on insider trading. This research is just limited to Pakistan’s listed firms with limited variablesand restricted sample size

Özet

Bu çalışmanın amacı, Pakistan'da içeriden öğrenenlerin ticareti üzerindeki kurumsal içeriden birinin etkisini incelemektir. Bu amaçla Pakistan Menkul Kıymetler Borsası'nda 540 Kote Edilmiş Firmadan 30 büyük firma çıkarılacak ve son beş yıldaki verileri bu çalışmada kullanılacaktır. Bu araştırma, değişkenleri Logit Regresyon Analizi yöntemiyle ölçecektir. Sonuç, Direktörlerin mülkiyetinin iyimser olduğunu ve Denetim firmalarının içeriden bilgi ticaretine zarar verdiğini, geri kalan dört değişkenin içeriden öğrenenlerin ticareti üzerinde hiçbir etkisi olmadığını göstermektedir. Bu araştırma, Pakistan'ın sınırlı değişkenlere ve kısıtlı örneklem büyüklüğüne sahip borsada kayıtlı firmalarıyla sınırlıdır

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Cite This Article

RAO, B. (2022). Impact of corporate insider on insider trading: Evidence from Pakistan stock exchange. Business and Management Studies: An International Journal, Cilt: 9 - Sayı: 1, 293–306. https://ajindex.com/articles/470322

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