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Insiders' Profits In The Australian Equities Market, Henk Berkman, Reza Bradrania, Tina Prodromou, P Westerholm
Insiders' Profits In The Australian Equities Market, Henk Berkman, Reza Bradrania, Tina Prodromou, P Westerholm
Faculty of Business - Papers (Archive)
In this paper we investigate if directors of Australian companies earn persistent profits on their reported trades, if these abnormal profits are significant enough to be mimicked by outsiders, and if these insider trades have an effect on returns of other investors. We find that insiders take advantage of their private information in stocks of larger corporations, but generally do not in medium and small capitalization firms, indicating that they insiders are attracted to the liquidity and a greater presence of uninformed traders in large stocks. Insiders appear able to determine the value of their information in by trading larger …
Islamic Finance Finally Has A Place In The Australian Economy, George Mickhail
Islamic Finance Finally Has A Place In The Australian Economy, George Mickhail
Faculty of Business - Papers (Archive)
In its executive summary, the board makes it very clear at the outset that the review was conducted on the basis of “its understanding of common Islamic fi nance structures, and that nothing in the report should be taken to suggest that a particular product or case study described is compliant with Shariah law”.