Open AccessThe Effectiveness Of Insider Trading Regulations
Author(s) -
J. Carr Bettis,
William Duncan,
W. Ken Harmon
Publication year - 2011
Publication title -
journal of applied business research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.149
H-Index - 22
eISSN - 2157-8834
pISSN - 0892-7626
DOI - 10.19030/jabr.v14i4.5652
Subject(s) - insider trading , insider , business , accounting , work (physics) , actuarial science , finance , law , political science , engineering , mechanical engineering
This work evaluates the effectiveness of the courts and regulators in achieving a fair and honest market. The regulatory system and market based empirical research are reviewed and evidence of regulatory failure are identified and examined. The advantages and disadvantages of four possible policy changes including new disclosure standards, a bar on insider trading, corporate fines for insider trading, and a new market based standard are discussed. Finally, recommendations for future research are offered.