THE PROBABLE FACTORS OF INSIDER TRADING IN MALAYSIAN FIRMS PRIOR TO ACQUISITION ANNOUNCEMENT

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Majid Sarli Olivia Tan Swee Leng Betsabeh Aghashahi Abduljalil Sarli

Abstract

The aim of this paper is to deliberate on the subject of nsider tradingthat is viewed as a fi nancial crime as well as to identify major factorsthat can contribute to reducing it. In this case, this research is focuses oninvestigation of companies’ acquisition announcements, which are listedfrom the traded volumes of Bursa Malaysia between 2008 and 2011. Thestudy useda sample of considered thirty companies and their acquisitionannouncements are analyzed by examining their Average CumulativeAbnormal Volume Traded (ACAVT) to identify probable insider tradingactivities. The study affi rms consequently, stronger laws, effective rules andregulations are recognized as effi cient approaches to controlling insidertrading at the fi nancial markets, while the infl uencing factors on insidertrading would be suggested as the proposed conceptual model for furtherresearch.

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How to Cite
SARLI, Majid et al. THE PROBABLE FACTORS OF INSIDER TRADING IN MALAYSIAN FIRMS PRIOR TO ACQUISITION ANNOUNCEMENT. Management & Accounting Review (MAR), [S.l.], v. 13, n. 2, p. 125-141, dec. 2014. ISSN 2550-1895. Available at: <http://arionline.uitm.edu.my/ojs/index.php/MAR/article/view/36>. Date accessed: 18 jan. 2018.
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