Advances in Economics, Management and Political Sciences
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Advances in Economics, Management and Political Sciences
Series Vol. 1 , 26 April 2021
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The research on the effect on stock price of executives' selling behavior in Chinese GEM
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Abstract
This paper empirically analyzes the impact of executives' reduction on stock price by taking the listed companies on Chinese GEM as research samples. The results show that the behavior of senior executives reducing their holdings will significantly reduce the stock price, and the effect changes in an inverted U-shape with the proportion of stocks reduced. Further research shows that for the companies with higher earnings per share and absolute price, the behavior of executives reducing their stock holdings will do more harm to the stock price.
Keywords
stock price, Chinese GEM, listed companies, executives' selling behavior
References
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Advances in Economics, Management and Political Sciences, Vol. 1
- ISBN (Print)
- ISBN (Online)
- Published Date
- 26 April 2021
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/1/AEMPS_001
- Copyright
- 26 April 2021
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited