The current study focuses on investigating the possibility of internal owners achieving extraordinary returns in the Egyptian market during the period from June 2003 to December 2014, taking into account electrolytes and other risk factors. To achieve the objective of the study, a proposed pricing model with better explanatory power has been developed than the capital asset pricing model. Using the multiple regression method, the study found that the internal owners achieved positive extraordinary returns from their purchases. The study also found that the role of traditional beta in interpreting asset returns is not over.
Mahmoud, O. M. A., Ismail, E. A. E. F., & El Henawy, M. S. (2016). Insider Returns in the Egyptian Stock Market. Journal of Alexandria University for Administrative Sciences, 53(2), 1-28. doi: 10.21608/acj.2016.62534
MLA
ola Mahmoud Anwar Mahmoud; Elsayeda Abd El Fatah Ismail; Mohamed Saleh El Henawy. "Insider Returns in the Egyptian Stock Market", Journal of Alexandria University for Administrative Sciences, 53, 2, 2016, 1-28. doi: 10.21608/acj.2016.62534
HARVARD
Mahmoud, O. M. A., Ismail, E. A. E. F., El Henawy, M. S. (2016). 'Insider Returns in the Egyptian Stock Market', Journal of Alexandria University for Administrative Sciences, 53(2), pp. 1-28. doi: 10.21608/acj.2016.62534
VANCOUVER
Mahmoud, O. M. A., Ismail, E. A. E. F., El Henawy, M. S. Insider Returns in the Egyptian Stock Market. Journal of Alexandria University for Administrative Sciences, 2016; 53(2): 1-28. doi: 10.21608/acj.2016.62534
)
View on SCiNiTO