We examine the impact of stock exchange trading rules and surveillance on the frequency and severity of suspected insider trading cases in 22 stock exchanges around the world over the period January 2003 through June 2011. Using new indices for market manipulation, insider trading, and...

We examine the impact of stock exchange trading rules and surveillance on the frequency and severity of suspected insider trading cases in 22 stock exchanges around the world over the period January 2003 through June 2011. Using new indices for market manipulation, insider trading, and...

We examine the impact of stock exchange trading rules and surveillance on the frequency and severity of suspected insider trading cases in 22 stock exchanges around the world over the period January 2003 through June 2011. Using new indices for market manipulation, insider trading, and...

We examine the impact of stock exchange trading rules and surveillance on the frequency and severity of suspected insider trading cases in 22 stock exchanges around the world over the period January 2003-June 2011. Using new indices for market manipulation, insider trading, and broker-agency...

We develop a model of the choice of trade size by an illegal insider. The model recognises that insiders respond to both the expected gains and costs associated with their crime, and choose a trade size which maximises the expected utility of wealth associated with the trade. The model predicts...

This study empirically examines the impact of changes in substantial shareholdings ahead of 450 Australian takeover offers between the years 2000-2009. Previous studies have attributed a significant proportion of the price run-up effect in takeover targets to insider-trading behavior. This paper...