AEMPS

The research on the effect on stock price of executives' selling behavior in Chinese GEM

Author

Xiao Ma * 1

1 Guanghua School of Management, Peking University

Corresponding Author

Xiao Ma

Keywords

stock price, Chinese GEM, listed companies, executives' selling behavior

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.

Citation

Xiao Ma. The research on the effect on stock price of executives' selling behavior in Chinese GEM. AEMPS (2021) Vol. 1: 8-15. DOI: 10.54254/2754-1169/1/AEMPS_001.

References

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