Journal of Business Ethics 17 (1):67-75 (1998)
Finance ethics have drawn increasing attention from both government regulators and academic researchers. This paper addresses the issue of insider trading ethics. Previous studies on insider trading ethics have failed to provide convincing arguments and consistent results. In particular, the arguments against insider trading are based primarily on moral and philosophical grounds and lack empirical rigor. This study intends to establish and examine the relationship between the ethical issue and economic issue of insider trading. We argue that the ethics of insider trading is in essence an economic rather than a moral issue. It is so far not clear to what extent insider trading may increase or decrease shareholders wealth. Until then, we must take care to avoid over-regulating insider trading.
|Keywords||Philosophy Ethics Business Education Economic Growth Management|
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Analyzing Insider Trading From the Perspectives of Utilitarian Ethics and Rights Theory.Robert W. McGee - 2009 - Journal of Business Ethics 91 (1):65-82.
The Ethics of Insider Trading Revisited.Engelen Peter-Jan & Liedekerke Luc Van - 2007 - Journal of Business Ethics 74 (4):497 - 507.
CSR Initiatives as Market Signals: A Review and Research Agenda.Fabrizio Zerbini - forthcoming - Journal of Business Ethics.
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