Family Affair—Insider Trading and Family Firms: Evidence from Thailand

Before the seventeenth century, trade across Eurasia was mostly conducted in short segments along the Silk Route and Indian Ocean. Business was organized in family firms, merchant networks, and state-owned enterprises, and dominated by Chinese, Indian, and Arabic traders. However, around 1600 the first two joint-stock corporations, the English and Dutch East India Companies, were established. This book tells the story of overland and maritime trade without Europeans, of European Cape Route trade without corporations, and of how new, large-scale, and impersonal organizations arose in Europe to control long-distance trade for more than three centuries. It shows that by 1700, the scene and methods for global trade had dramatically changed: Dutch and English merchants shepherded goods directly from China and India to northwestern Europe. To understand this transformation, the book compares the organizational forms used in four major regions: China, India, the Middle East, and Western Europe. The English and Dutch were the last to leap into Eurasian trade, and they innovated in order to compete. They raised capital from passive investors through impersonal stock markets and their joint-stock corporations deployed more capital, ships, and agents to deliver goods from their origins to consumers. The book explores the history behind a cornerstone of the modern economy, and how this organizational revolution contributed to the formation of global trade and the creation of the business corporation as a key factor in Europe's economic rise.

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New Evidence on the Effects of Federal Regulations on Insider Trading: The Insider Trading and Securities Fraud Enforcement Act (ITSFEA)

CFA Digest ◽

10.2469/dig.v27.n4.151 ◽

1997 ◽

Vol 27 (4) ◽

pp. 3-5 ◽

Cited By ~ 1

Author(s):

M.E. Ellis

Keyword(s):

Insider Trading ◽

Federal Regulations ◽

Securities Fraud ◽

New Evidence

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Market Manipulation and the Role of Insider Trading Regulations

CFA Digest ◽

10.2469/dig.v28.n1.201 ◽

1998 ◽

Vol 28 (1) ◽

pp. 3-5

Author(s):

M.E. Ellis

Keyword(s):

Insider Trading ◽

Market Manipulation

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Insider Trading and Option Grant Timing in Response to Fire Sales (and Purchases) of Stocks by Mutual Funds

CFA Digest ◽

10.2469/dig.v41.n4.8 ◽

2011 ◽

Vol 41 (4) ◽

pp. 26-28

Author(s):

Michael Kobal

Keyword(s):

Mutual Funds ◽

Insider Trading ◽

Fire Sales

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Attentive Insider Trading

CFA Digest ◽

10.2469/dig.v45.n3.8 ◽

2015 ◽

Vol 45 (3) ◽

Author(s):

Isaac T. Tabner

Keyword(s):

Insider Trading

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Opportunities for improving the insider laws: A comparative analysis of the practice in the USA and Russia

Finance and Credit ◽

10.24891/fc.26.4.796 ◽

2020 ◽

Vol 26 (4) ◽

pp. 796-814

Author(s):

E.K. Ovakimyan

Keyword(s):

Financial Markets ◽

Insider Trading ◽

Negative Impact ◽

Business Environment ◽

Market Manipulation ◽

Insider Information ◽

Analysis And Synthesis ◽

The Usa ◽

Legislative Perfection ◽

Definition Of

Subject. The article examines the laws regulating insider trading. Objectives. The study outlines recommendations for refining Law On Countering the Illegal Use of Insider Information and Market Manipulation and Amendments to Some Legislative Acts of the Russian Federation, № 224-ФЗ of July 27, 2010. Methods. The methodological framework includes a general dialectical method, analysis and synthesis, induction and deductions, and some specific methods, such as comparative and formal logic analysis to specify the definition of insider information, structural logic and functional analysis to improve the mechanism for countering insider trading and market manipulation. Results. We discovered key drawbacks to be addressed so as to improve the business environment in Russia. Although the Russia laws mainly mirror the U.S. laws, they present a more extended list of terms concerning the insider information. I believe the legislative perfection should be continued. Conclusions and Relevance. The study helps apply the findings to outline a new legislative regulation or amend the existing ones, add a new mention on the course of financial markets to students’ books, develop new methods for detecting and countering and improving the existing ones. If all parties to insider relationships use the findings, they will prevent insider trading crimes in financial markets and (or) reduce the negative impact of such crimes on the parties.

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Insider Trading: A White-Collar Crime and its Impact on Share Market

Think India ◽

10.26643/think-india.v17i3.7806 ◽

2014 ◽

Vol 17 (3) ◽

pp. 22-24

Author(s):

Sreekumar Ray

Keyword(s):

Stock Market ◽

Insider Trading ◽

White Collar Crime ◽

White Collar ◽

Adverse Impact ◽

High Ranking ◽

Internal Information ◽

Indian Stock Market ◽

The Impact

Since inception, the growth of the Indian stock market has been constrained through unethical, illegal and self-actualized activities of swanky persons involved in different capacities in the market. The stock market was trying to retrieve itself from the devastating effect of Harshad Mehta share market scam, when within a gap of ten years it was once again pushed into the darkness of the dungeon by another demon-child of the country- Ketan Parekh. Corporations have been looted by the insider traders, diversifying internal information to an external in lieu of cash. Investigations in the majority cases have proved the involvement of the high ranking officers of the companies in the crime, sophistically referred to as white-collar crime. It has an adverse impact on the growth and sustainability of the share market. Under the light of the above issue, this paper endeavors to study the impact of such crime on the share market. It focuses on the mechanism behind the insider-trading, its impact on the share market and the regulators supervision on the issue. Finally, suggestions have been provided which will contribute towards the dream of every Indian-a fraud-free share market focusing towards the overall development of the country.

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