Research Catalog

Title

Directors' dealings and insider trading in Germany : an empirical analysis / Patrick Ams.

Author

Ams, Patrick.

Publication

Frankfurt am Main ; New York : Peter Lang, c2010.

Items in the Library & Off-site

Holdings

Details

Description

xv, 175 p. : ill.; 22 cm.

Series Statement

Corporate finance and governance ; Bd. 2

Uniform Title

Corporate finance and governance ; Bd. 2.

Subject

• Insider trading in securities > Law and legislation > Germany
• Directors of corporations > Legal status, laws, etc. > Germany
• Aktiengesellschaft
• Aktienmarkt
• Führungskraft
• Insidergeschäft
• Publizitätspflicht
• Deutschland

Note

• Originally presented as the author's thesis, 2009.

Bibliography (note)

• Includes bibliographical references (p. 165-175).

Language (note)

• Introductory material in German.

Processing Action (note)

• committed to retain

Contents

Machine generated contents note: I.Introduction -- I.A.Overview and Research Objective -- I.B.Summary of Results -- I.C.Research Framework and Course of Investigation -- II.Legal and Theoretical Framework -- II.A.Legal Framework -- II.A.1.European Financial Regulation -- II.A.2.German Insider Dealing Laws -- II.A.3.Excursus US Laws -- II.B.Theoretical Foundations -- II.B.1.Market Efficiency -- II.B.2.Economic and Legal Perspectives on Insider Dealing -- III.Related Literature -- III.A.International Literature -- III.A.1.Studies by Meulbroek and Cornell -- III.A.2.First Studies on Directors' Dealings in the United States -- III.A.3.Studies by Seyhun -- III.A.4.Study by Rozeff & Zaman -- III.A.5.Studies on Directors' Dealings and Corporate Actions -- III.B.Studies on the German Market -- III.B.1.The Study by Heidorn, Meyer, Pietrowiak -- III.B.2.The Study by Rau -- III.B.3.The Studies by Betzer and Theissen -- III.B.4.The Study by Klinge, Seiffert, and Stehle -- III.B.5.The Study by Tebroke and Wollin -- III.B.6.The Study by Stotz -- III.B.7.The Study by Dymke and Walter -- IV.Methodology and Data -- IV.A.Empirical Methodology Short-Term Study -- IV.A.1.Price Building in Capital Markets -- IV.A.2.Event Study Methodology -- IV.A.3.Empirical Methodology Long-Term Event Study -- IV.B.Data -- IV.B.1.Directors' Dealings Data -- IV.B.2.Return Series and Accounting Data -- IV.B.3.Corporate Actions Data -- V.Empirical Results -- V.A.Empirical Results Short-Term Study -- V.A.1.Empirical Results Short-Term Study -- V.A.2.Firm size Short-Term Results -- V.A.3.Insider Group Short-Term Results -- V.A.4.Summary of the Short-Term Analysis -- V.B.Empirical Results Long-Term Study -- V.B.1.Long-Term Buy-and-Hold Abnormal Returns -- V.B.2.Firm Size Long-Term Results -- V.B.3.Insider Group Long-Term Results -- V.B.4.Cross-Sectional Regression Long-Term BHAR -- V.B.5.Calendar-Time Portfolios -- V.B.6.Summary Long-Term Study -- V.C.Empirical Results Corporate Actions and Directors' Dealings Study -- V.C.1.Share Repurchases -- V.C.2.Mergers and Acquisitions -- V.C.3.Seasoned Equity Offerings -- V.C.4.Ordered-Probit Analysis of Corporate Actions -- V.C.5.Summary Corporate Actions and Directors' Dealings Study -- VI.Excursus -- VI.A.Description of Dataset -- VI.B.Empirical Results -- VI.B.1.Empirical Results Insider Trading -- VI.B.2.Insider Marketipulation -- VI.B.3.Insider Price Manipulation -- VI.B.4.Summary Excursus Insider Dealing -- VII.Conclusion -- VIII.Appendix.

ISBN

• 9783631603918
• 3631603916

OCLC

• 600999463
• SCSB-10486757

Owning Institutions

Harvard Library