Business & Economics Books:

Insider Trading

Economics, Politics and Policy

Format

Paperback

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Insider Trading by Jonathan R Macey
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Description

What exactly is wrong with insider trading? Is it unfair? Is it inefficient? Does it undermine the securities markets or distort the incentives of corporate managers to maximize the value of shares? This volume argues that the only coherent rationale for regulating such trading constitutes the theft of corporate assets. Insider trading cannot constitute theft of corporate assets if such trading is conducted with the permission of the firm that owns the information. The author argues that regulation of the practice should be left to intrafirm contract.
Release date NZ
April 18th, 1991
Country of Publication
United States
Imprint
AEI Press
Pages
150
Dimensions
153x230x7
ISBN-13
9780844770109
Product ID
1826281

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