{"title":"内幕交易和美国第11章的大规模破产","authors":"Tareque Nasser, B. Gup","doi":"10.32890/ijbf2008.5.2.8366","DOIUrl":null,"url":null,"abstract":"The Enron and WorldCom debacles raised questions about the state of corporate governance in the United States.Insider trading is one aspect of corporate governance highlighted in these cases. In this paper, we explore insider trading of large Chapter 11 bankruptcy filing firms during the twelve-year period of 1995-2006. We find that insiders in these firms, on average, do not use private information for gain or loss avoidance.","PeriodicalId":170943,"journal":{"name":"The International Journal of Banking and Finance","volume":"5 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2008-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":"{\"title\":\"INSIDER TRADING AND LARGE CHAPTER 11 BANKRUPTCIES IN USA\",\"authors\":\"Tareque Nasser, B. Gup\",\"doi\":\"10.32890/ijbf2008.5.2.8366\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"The Enron and WorldCom debacles raised questions about the state of corporate governance in the United States.Insider trading is one aspect of corporate governance highlighted in these cases. In this paper, we explore insider trading of large Chapter 11 bankruptcy filing firms during the twelve-year period of 1995-2006. We find that insiders in these firms, on average, do not use private information for gain or loss avoidance.\",\"PeriodicalId\":170943,\"journal\":{\"name\":\"The International Journal of Banking and Finance\",\"volume\":\"5 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2008-12-31\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"2\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"The International Journal of Banking and Finance\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.32890/ijbf2008.5.2.8366\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"The International Journal of Banking and Finance","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.32890/ijbf2008.5.2.8366","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
INSIDER TRADING AND LARGE CHAPTER 11 BANKRUPTCIES IN USA
The Enron and WorldCom debacles raised questions about the state of corporate governance in the United States.Insider trading is one aspect of corporate governance highlighted in these cases. In this paper, we explore insider trading of large Chapter 11 bankruptcy filing firms during the twelve-year period of 1995-2006. We find that insiders in these firms, on average, do not use private information for gain or loss avoidance.