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Suppressing Insider Trading
Author(s) -
Palamountain Edgar
Publication year - 1988
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.1988.tb01537.x
Subject(s) - insider trading , insider , statutory law , inside information , law , political science , law and economics , accounting , management , economics , finance
Writing in Economic Affairs, Vol. 7, No. 5, Hugh High, Professor of Accounting and Finance at Massey University, New Zealand, argued that attempts to suppress insider trading would both impede the workings of the market and trample basic individual liberties. Edgar Palamountain, Director of the Esmee Fairbairn Charitable Trust, takes issue with Hugh High: insider trading, he claims, is not victimless and should be outlawed by statutory sanction. Hugh High defends his corner.