Insider Trading: Incoherent in Theory, Inefficient in Practice
49 Pages Posted: 29 Apr 2008 Last revised: 5 Nov 2009
Abstract
Insider trading: The words alone evoke conflicting feelings of jealousy and greed. But what is wrong with insider trading? Nothing. In fact, insider trading is good for the economy. Insider trading results in an efficient allocation of capital and thus makes the world wealthier
Keywords: insider trading, inside dealing
JEL Classification: K13, K14, K22
Suggested Citation: Suggested Citation
Engle, Eric, Insider Trading: Incoherent in Theory, Inefficient in Practice. Oklahoma City University Law Review, Vol. 32, No. 1, 2008, Available at SSRN: https://ssrn.com/abstract=1125642
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