Publication
Title
The ethics of insider trading revisited
Author
Abstract
Following Manne (1966, Insider Trading and the Stock Market (New York, Free Press)) we introduce a distinction between insider trading and market manipulation on the one hand and corporate insiders versus misappropriators on the other hand. This gives rise to four types of alleged inside transactions. We argue that the literature on insider trading has often targeted inside transactions type II, III and IV but that these arguments do not necessarily hold for type I transactions. We look for consequentionalist as well as non-consequentionalist arguments against type I transactions and demonstrate that these are hard to find. Throughout the article we refer extensively to the economic literature on insider trading in order to overcome a relative divide between the economic, legal, and philosophical discussion on insider trading.
Language
English
Source (journal)
Journal of business ethics. - Dordrecht
Source (book)
19th Annual Conference of the European-Business-Ethics-Network (EBEN), SEP 21-23, 2006, Vienna, AUSTRIA
Publication
Dordrecht : 2007
ISSN
0167-4544
Volume/pages
74:4(2007), p. 497-507
ISI
000248835700015
Full text (Publisher's DOI)
Full text (publisher's version - intranet only)
UAntwerpen
Faculty/Department
Research group
Publication type
Subject
Affiliation
Publications with a UAntwerp address
External links
Web of Science
Record
Identification
Creation 03.01.2013
Last edited 20.09.2017
To cite this reference