Abstract
Ma and Sun have recently argued that some forms of insider trading are ethically acceptable. We argue that the authors fail to prove three key premises of their argument, which is therefore unsound.
Similar content being viewed by others
References
Brudney, V.: 1979, 'Insiders, Outsiders, and Informational Advantages Under the Federal Securities Laws', Harvard Law Review 93, 322–376.
Cho, J. and M. Shaub: 1991, 'The Consequences of Insider Trading and the Role of Academic Research', Business and Professional Ethics Journal 10, 83–98.
Irvine, W.: 1987, 'Insider Trading: An Ethical Appraisal', Business and Professional Ethics Journal 6, 3–33.
Ma, Y. and H. Sun: 1998, 'Where Should the Line Be Drawn on Insider Trading Ethics?', Journal of Business Ethics 17, 67–75.
Macey, T.: 1984, 'From Fairness to Contract: The New Direction of the Rules Against Insider Trading', Hofstra Law Review 13, 9–64.
Moore, J.: 1990, 'What is Really Unethical About Insider Trading?', Journal of Business Ethics 9, 171–182.
Parkman A., B. George and M. Boss: 1988: 'Owners or Traders: Who are the Real Victims of Insider Trading?', Journal of Business Ethics 7(9), 65–71.
Salbu, S.: 1989, 'A Legal and Economic Analysis of Insider Trading: Establishing an Appropriate Sphere of Regulation', Business and Professional Ethics Journal 8, 3–21.
Salbu, S.: 1995, 'Insider Trading and the Social Contract', Business Ethics Quarterly 5, 313–328.
Werhane, P.: 1989, 'The Ethics of Insider Trading', Journal of Business Ethics 8, 841–845.
Werhane, P.: 1991, 'The Indefensibility of Insider Trading', Journal of Business Ethics 10, 729–731.
Author information
Authors and Affiliations
Rights and permissions
About this article
Cite this article
Snoeyenbos, M., Smith, K. Ma and Sun on Insider Trading Ethics. Journal of Business Ethics 28, 361–363 (2000). https://doi.org/10.1023/A:1006210930491
Issue Date:
DOI: https://doi.org/10.1023/A:1006210930491