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Insider trading and stock market perception of bankruptcy

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  • Iqbal, Zahid
  • Shetty, Shekar

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  • Iqbal, Zahid & Shetty, Shekar, 2002. "Insider trading and stock market perception of bankruptcy," Journal of Economics and Business, Elsevier, vol. 54(5), pages 525-535.
  • Handle: RePEc:eee:jebusi:v:54:y:2002:i:5:p:525-535
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    References listed on IDEAS

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    1. Hillmer, S. C. & Yu, P. L., 1979. "The market speed of adjustment to new information," Journal of Financial Economics, Elsevier, vol. 7(4), pages 321-345, December.
    2. Edward I. Altman, 1968. "The Prediction Of Corporate Bankruptcy: A Discriminant Analysis," Journal of Finance, American Finance Association, vol. 23(1), pages 193-194, March.
    3. Asjeet S. Lamba & Walayet A. Khan, 1999. "Exchange Listings And Delistings: The Role Of Insider Information And Insider Trading," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 22(2), pages 131-146, June.
    4. Jonathan M. Karpoff & Daniel Lee, 1991. "Insider Trading Before New Issue Announcements," Financial Management, Financial Management Association, vol. 20(1), Spring.
    5. Dugan, Michael T & Forsyth, Timothy B, 1995. "The Relationship between Bankruptcy Model Predictions and Stock Market Perceptions of Bankruptcy," The Financial Review, Eastern Finance Association, vol. 30(3), pages 507-527, August.
    6. Gosnell, Thomas & Keown, Arthur J & Pinkerton, John M, 1992. "Bankruptcy and Insider Trading: Differences between Exchange-Listed and OTC Firms," Journal of Finance, American Finance Association, vol. 47(1), pages 349-362, March.
    7. Ramaswami, Murali, 1987. "Stock Market Perception of Industrial Firm Bankruptcy," The Financial Review, Eastern Finance Association, vol. 22(2), pages 267-279, May.
    8. Altman, Edward I. & Haldeman, Robert G. & Narayanan, P., 1977. "ZETATM analysis A new model to identify bankruptcy risk of corporations," Journal of Banking & Finance, Elsevier, vol. 1(1), pages 29-54, June.
    9. John, Kose & Lang, Larry H P, 1991. "Insider Trading around Dividend Announcements: Theory and Evidence," Journal of Finance, American Finance Association, vol. 46(4), pages 1361-1389, September.
    10. Seyhun, H Nejat & Bradley, Michael, 1997. "Corporate Bankruptcy and Insider Trading," The Journal of Business, University of Chicago Press, vol. 70(2), pages 189-216, April.
    11. John Elliott & Dale Morse & Gordon Richardson, 1984. "The Association between Insider Trading and Information Announcements," RAND Journal of Economics, The RAND Corporation, vol. 15(4), pages 521-536, Winter.
    12. Edward I. Altman, 1968. "Financial Ratios, Discriminant Analysis And The Prediction Of Corporate Bankruptcy," Journal of Finance, American Finance Association, vol. 23(4), pages 589-609, September.
    13. Clark, Truman A & Weinstein, Mark I, 1983. "The Behavior of the Common Stock of Bankrupt Firms," Journal of Finance, American Finance Association, vol. 38(2), pages 489-504, May.
    14. Seyhun, H Nejat, 1990. "Do Bidder Managers Knowingly Pay Too Much for Target Firms?," The Journal of Business, University of Chicago Press, vol. 63(4), pages 439-464, October.
    15. Lamba, Asjeet S & Khan, Walayet A, 1999. "Exchange Listings and Delistings: The Role of Insider Information and Insider Trading," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 22(2), pages 131-146, Summer.
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    Cited by:

    1. Dang, Viet Anh & Nguyen, Dinh Trung & Pham, Thu Phuong & Zurbruegg, Ralf, 2024. "The dynamics of informed trading around corporate bankruptcies," Finance Research Letters, Elsevier, vol. 63(C).

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