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Συλλογές :	Ιδρυματικό Αποθετήριο ΟΠΑ / AUEB Institutional Repository Σχολή Διοίκησης Επιχειρήσεων / School of Business Τμήμα Λογιστικής και Χρηματοοικονομικής / Department of Accounting and Finance Μεταπτυχιακές Εργασίες / Postgraduate dissertations

Τίτλος :	Do valuation measures provide any insight on inside trading practices and possibility of observing abnormal returns from such trading? The Athens Stock Exchange case

Δημιουργός :	Σαραπχανάς, Βασίλειος Sarapchanas, Vasilios

Συντελεστής :	Γιαμουρίδης, Δανιήλ (Επιβλέπων καθηγητής) Λελεδάκης, Γεώργιος (Εξεταστής) Τσεκρέκος, Ανδριανός (Εξεταστής) Athens University of Economics and Business, Department of Banking and Finance (Degree granting institution)

Τύπος :	Text

Φυσική περιγραφή :	108 pages

Γλώσσα :	en

Αναγνωριστικό :	http://www.pyxida.aueb.gr/index.php?op=view_object&object_id=5259

Περίληψη :	This paper examines the trading preferences of insiders participating in the Athens Stock Exchange for the 2006 - 2012 period, using different measures of insider trading activity, as well as different valuation measures that attempt to capture the preferences of such insiders. Cumulative Abnormal Returns are assessed from trading portfolios based on such insider trading to evaluate the possibility of market inefficiency of the Athens Stock Exchange, as a result of potentially profitable trading by outsiders, who mimic the trading activity of insiders. Results based on the methodology proposed are open to interpretation of the different transaction costs that may be applied.

Περίληψη :

This paper examines the trading preferences of insiders participating in the Athens Stock Exchange for the 2006 - 2012 period, using different measures of insider trading activity, as well as different valuation measures that attempt to capture the preferences of such insiders. Cumulative Abnormal Returns are assessed from trading portfolios based on such insider trading to evaluate the possibility of market inefficiency of the Athens Stock Exchange, as a result of potentially profitable trading by outsiders, who mimic the trading activity of insiders. Results based on the methodology proposed are open to interpretation of the different transaction costs that may be applied.

Λέξη κλειδί :	Stock Exchange Market Investor Share

Διαθέσιμο από :	2017-02-08 13:14:07

Ημερομηνία έκδοσης :	10/31/2014

Ημερομηνία κατάθεσης :	2017-02-08 13:14:07

Δικαιώματα χρήσης :	Free access

Άδεια χρήσης :

Αρχείο: Sarapchanas_2014.pdf

Τύπος: application/pdf

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