Download or read book Independent Study Insider Trading Evidence from the Stock Exchange of Thailand written by and published by . This book was released on 2014 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Corporate Governance and Insider Trading written by Sirorat Charasrungrojkul and published by . This book was released on 2009 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: This research investigates the relationship between abnormal return from insider trading and corporate governance. It also tests whether insiders earn higher abnormal returns from trading stocks prior to earning announcements than the other periods. The samples of the study are all insider trades filed with Security Exchange Commission during the year 2006-2007. This research has found asymmetric relationship between corporate governance and abnormal return from insider trades. For insider sales, there is negative relationship between corporate governance and abnormal return. For insider purchases, there is positive relationship between corporate governance and abnormal return. Next, this study has found that insider trades prior to earning announcements yield significantly higher abnormal return than trades occurring during other periods. Thus, blackout period regulation which prohibits any insider trades during the period prior to firms' earning announcements should be valuable to Thai capital market.

Download or read book Trading Performance of Individual Institutional and Foreign Investors written by Nareerat Taechapiroontong and published by . This book was released on 2009 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines whether domestic investors outperform foreign investors by using transaction data from Stock Exchange of Thailand during 1999 to 2004. We find that foreign investors, in general, trade at worse price than domestic investors who have more information advantage. However, foreign investors perform best when buying mid-cap and large size stocks during the bull market which may be due to more experience and better access to research. Individual investors tend to follow contrarian trading strategy which leads them to act as the liquidity provider to institutions. The intense of trade imbalance can predict future returns. The intense of individuals selling occurring at peak price influences future negative return. The intense buying of foreign and institutional investors is followed by price increases.

Download or read book Price Movers on the Stock Exchange of Thailand written by Charlie Charoenwong and published by . This book was released on 2013 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines trade sizes used by informed traders. The selected sample includes 73 active stocks from the Stock Exchange of Thailand (SET), a pure limit order market, that cover two distinct market conditions of a bull and bear market. Using intraday data, the study finds that large sized trades (i.e., larger than the 75th percentile) account for a disproportionately large impact on changes in traded and quoted prices. This finding compares with the results of studies conducted on U.S. markets that show informed traders employ trade sizes falling between the 40th and 95th percentiles (Barclay and Warner 1993; Chakravarty 2001). Our results support the hypothesis that informed traders on a pure limit order market such as the SET, where there are no market makers, are able to use larger sized trades than those employed by informed traders on U.S. markets.

Download or read book The Impact of Director s Share Trading written by Pichaya Ruangdejvorachai and published by . This book was released on 2016 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Insider Trading written by Susan Lai Mooi Tho and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Does Insider Trading Raise Market Volatility written by Mr.Julan Du and published by International Monetary Fund. This book was released on 2003-03-01 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the role of insider trading in explaining cross-country differences in stock market volatility. The central finding is that countries with more prevalent insider trading have more volatile stock markets, even after one controls for liquidity/maturity of the market and the volatility of the underlying fundamentals (volatility of real output and of monetary and fiscal policies). Moreover, the effect of insider trading is quantitively significant when compared with the effect of economic fundamentals.

Download or read book The Impact of Attention on Investors written by Eduard Schmidt and published by . This book was released on 2016 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the influence of attention on three investor groups: individual investors, institutional investors and foreign investors in the setting of the Thai stock market between 2011 and 2014. To measure the impact of attention I sort stocks by their extreme daily returns and by their abnormal trading volume on a certain day. Purchasing stocks that grabbed ones attention earlier is a way to deal with the problem of having to choose from thousands of stocks that one could potentially buy. I test and confirm the hypothesis that individual investors are net buyers of attention grabbing stocks. Furthermore I hypothesize that attention affects different investor groups to a different degree in their buying behavior. I confirm that individual investors engage the most in attention driven buying behavior. Surprisingly I find strong evidence for attention driven buying behavior for institutional investors as well. Foreign investors merely show tendencies for purchases driven by attention grabbing stocks.

Download or read book The Effect of Trading Halts Evidence from Stock Exchange of Thailand written by Thanet Sinfapanit and published by . This book was released on 2015 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Trading Frequency and Asset Pricing on the Stock Exchange of Thailand written by Yadaphak Oanan and published by . This book was released on 2013 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Investors Behavior and Performance During the Asian Crisis written by Wijit Arayapisit and published by . This book was released on 2010 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Stock Market Volatility Trading Volume and Tranding Styles by Investor Groups written by Kasidit Praneechit and published by . This book was released on 2016 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Finance Economics Readings written by Lee-Ming Tan and published by Springer. This book was released on 2018-03-05 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a compilation of the best papers presented at the 2017 installment of the Asia-Pacific Conference on Economics & Finance (APEF), which is held annually in Singapore. With a great number of submissions, it presents the latest research findings in economics and finance and discusses relevant issues in today's world. The book is a useful resource for readers who want access to economics, finance and business research focusing on the Asia-Pacific region.

Download or read book Endogenous Tick Sizes Bid ask Spreads Depths and Trading Volumes written by Tanachote Boonvorachote and published by . This book was released on 2006 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Empirical Finance written by Sardar M. N. Islam and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book makes two key contributions to empirical finance. First it provides a comprehensive analysis of the Thai stock market. Second it presents an excellent exposition ofhow modem econometric techniques can be utilised to understand a market. The increasing globalisation of the world's financial markets has made our un derstanding of the risk-return relationship in a broader range of markets critical. This is particularly so in emerging markets where market depth and liquidity are major issues. One such emerging market is Thailand. The Thai capital market isof particular interest given that it was the market in which the Asian financial crises commenced. As such an understanding ofthe Thai capital market via study of the pre and post-crisis periods enables one to shed light on one of the major financial markets events of recent times. This book provides a quantitative analysis of the Thai capital market using some very useful and recent econometric techniques. The book provides an over view of the Thai stock market in chapter 2. Descriptive statistics and time series models (moving average, exponential smoothing, ARIMA) are presented in chap ter 3 followed by market efficiency tests based on autocorrelations in chapter 4. A richer set of models is then considered in chapters 5 through 8. Chapter 5 finds a cointegrating relationship between macroeconomic factors and stock returns.

Download or read book Guidelines on Resolution and Prevention of Corruption of Thai Listed Companies in the Stock Exchange written by Suraphol Srivithaya and published by . This book was released on 2017 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: The research paper focuses on corruption problems in Thai private sectors of listed companies in the Stock Exchange of Thailand (SET) compared with those in five foreign stock exchanges: NYSE (USA), FWB (Germany), Milan stock market (Italy), KRK (South Korea) and SGX (Singapore). The comparative analysis concentrated on causes, nature, models and effects of corruption of listed companies, as well as law enforcement problems of Thai laws and foreign laws on corruption of listed companies in order to recommend effective guidelines on legal and other related measures for solving and preventing the corruption of Thai listed companies in the SET. The results of this research found that the private sectors' corruption of listed companies in stock markets had more and more tremendous values and complex methods of corruption than those in the public sectors, whether such corruption were occurred in highly developed stock markets or in low developing ones, that had caused financial and economic crises at national, regional, and global levels without any frontiers in the world of globalization. The causes, nature, models, and effects of corruption, as well as problems of law enforcement, for solving and preventing listed companies' corruption were different between listed companies in Thai and foreign stock markets. However, at least two models and methods of corruption that generated economic and financial crisis were in common: market manipulation by insider trading and embezzlement/siphoning of companies' property by fraudulent accounting statement.

Download or read book Stock Market Winners written by Nattaphan Vuthicholthee and published by . This book was released on 1997 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: