Insider Trading and Large Chapter 11 Bankruptcies in USA

dc.contributor.author	Nasser, Tareque
dc.contributor.author	Gup, Benton E.
dc.date.accessioned	2026-04-13T20:44:56Z
dc.date.available	2026-04-13T20:44:56Z
dc.date.copyright	2008
dc.date.issued	2008-08-18
dc.description	Open Access Article
dc.description.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.
dc.description.version	Version of record
dc.format.extent	29 p.
dc.format.mimetype	application/pdf
dc.identifier.citation	Nasser, T. & Gup, B (2008). Insider Trading and Large Chapter 11 Bankruptcies in USA. (2008). International Journal of Banking and Finance, 5(2), 1-29. https://doi.org/10.32890/ijbf2008.5.2.8366
dc.identifier.doi	10.32890/ijbf2008.5.2.8366
dc.identifier.issn	2811-3799
dc.identifier.uri	https://ir.ua.edu/handle/123456789/17748
dc.language	English
dc.language.iso	en_US
dc.publisher	UUM PRESS
dc.rights.holder	The author(s)
dc.rights.license	CC BY 4.0
dc.subject	Insider trading
dc.subject	Bankruptcy
dc.subject	Corporate governance
dc.title	Insider Trading and Large Chapter 11 Bankruptcies in USA
dc.type	Article
publicationissue.issueNumber	2
publicationvolume.volumeNumber	5