Insider Trading Laws and the Role of Securities Analysts

1997 ◽  
Vol 53 (2) ◽  
pp. 9-12 ◽  
Author(s):  
Michael S. Caccese
Keyword(s):  
Insider Trading ◽  
Securities Analysts

The SEC’s Impact on the Federalization of Corporate Governance—A Traditional Perspective

2018 ◽  
Author(s):  
Marc I. Steinberg
Keyword(s):  
Corporate Governance ◽  
Mergers And Acquisitions ◽  
Insider Trading ◽  
Securities And Exchange Commission ◽  
Outside Directors ◽  
Tender Offers ◽  
Going Private ◽  
Rule Making

This chapter examines, from a traditional perspective, several areas where the Securities and Exchange Commission (SEC) has impacted corporate governance in a meaningful way. By way of example, these subjects include insider trading, qualitative materiality, the role of gatekeepers (such as outside directors, attorneys, and accountants), the Commission’s use of disclosure to influence conduct, the implementation by subject companies of undertakings pursuant to SEC enforcement proceedings, and mergers and acquisitions (including tender offers and going-private transactions). This chapter’s focus is on the manner in which the SEC for well over 50 years has impacted corporate governance by means of exercising its rule-making and oversight authority.

The Consequences of Insider Trading and the Role of Academic Research

1991 ◽  
Vol 10 (4) ◽  
pp. 83-98 ◽  
Author(s):  
Jang Y. Cho ◽  
Michael K. Shaub ◽  
Keyword(s):  
Insider Trading ◽  
Academic Research

scholarly journals The Diversification Puzzle: The Role of Asymmetric Information and Insider Trading in Pakistan

2016 ◽  
Vol 21 (2) ◽  
pp. 97-119 ◽  
Author(s):  
Mushtaq Hussain Khan ◽  
Ahmad Fraz ◽  
Arshad Hassan
Keyword(s):  
Asymmetric Information ◽  
Agency Theory ◽  
Insider Trading ◽  
Firm Value ◽  
Corporate Diversification ◽  
Open Market ◽  
Fundamental Issue ◽  
Diversification Strategies ◽  
Management Literature

While corporate diversification is a fundamental issue both in the management literature and in corporate policy, the question that remains is whether it destroys or enhances firm value. This empirical study of the corporate diversification–value relationship for Pakistani firms looks at the role of asymmetric information and insider trading over a 10-year sample period, 2005–14. Using the industrial entropy index and purchase ratio to capture corporate diversification and insider trading, respectively, the study provides empirical evidence that questions the agency theory-based explanation of the corporate diversification–value relationship. Our results show that, in cases of asymmetric information, insiders increase the purchase of their firms’ shares in the open market when diversification is high. This contradicts the corporate diversification–value destruction stance of agency theory as well as the idea that outside investors’ undervaluation occurs due to information asymmetries. These results have strategic implications for corporate diversification strategies and are relevant to firm managers, regulators and shareholders.

scholarly journals A Comparative Synopsis of the Enforcement of Market Abuse Prohibition in Australia and South Africa

2016 ◽  
Vol 9 (1) ◽  
pp. 46-77
Author(s):  
Howard Chitimira
Keyword(s):  
South Africa ◽  
South African ◽  
Insider Trading ◽  
Regulatory Framework ◽  
Securities Markets ◽  
Market Manipulation ◽  
Market Abuse ◽  
The Government ◽  
Australian Experience

In Australia, the market abuse prohibition is generally well accepted by the investing and non-investing public as well as by the government. This co-operative and co-ordinated approach on the part of all the relevant stakeholders has to date given rise to an increased awareness and commendable combating of market abuse activities in the Australian corporations, companies and securities markets. It is against this background that this article seeks to explore the general enforcement approaches that are employed to combat market abuse (insider trading and market manipulation) activity in Australia. In relation to this, the role of selected enforcement authorities and possible enforcement methods which may be learnt from the Australian experience will be isolated where necessary for consideration in the South African market abuse regulatory framework.

Role Of Ethics In Modern Business Paradigm

Think India ◽  
2019 ◽  
Vol 22 (3) ◽  
pp. 2285-2294
Author(s):  
DIKSHA PAHUJA
Keyword(s):  
Business Ethics ◽  
Insider Trading ◽  
Ethical Issues ◽  
Code Of Conduct ◽  
Controversial Issues ◽  
Moral Issues ◽  
New Business ◽  
Modern Business ◽  
Corporate Social

Business ethics is the study of proper business policies and practices regarding potentially controversial issues such as corporate governance, Insider trading, bribery, discrimination, corporate social responsibility and fiduciary responsibilities .Business ethics simply we mean that the application of ethics in business. The study concentrates on how the modern businesses are accelerated by applying the code of conduct in the environment of the business. The article discusses the survival of modern in the present society. The results of this study would help the modern industries in achieving their targeted result in a smooth way. The existing companies can improve their practices and new business can comply with the results for better performance. This article also describes the ethical issues, which are vital to solving the problems related to business, and to give short preface to the moral issues drawn in the management of explicit problem areas in business.

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