Abstract
This study examines and compares insider trading laws across Australia and
the United States. Motivation is provided by academic studies that provide a
global comparison of insider trading without analysis of divergent interpretations
and liabilities. For example, sharing confidential information with friends
over Friday night drinks may have completely different legal consequences
across different countries. The possibility of higher or lower legal sanction
offers research opportunities in the areas of government-supervised firms,
tipping to short sellers and insider trading when firms are cross-listed in
countries with different insider trading regimes.
the United States. Motivation is provided by academic studies that provide a
global comparison of insider trading without analysis of divergent interpretations
and liabilities. For example, sharing confidential information with friends
over Friday night drinks may have completely different legal consequences
across different countries. The possibility of higher or lower legal sanction
offers research opportunities in the areas of government-supervised firms,
tipping to short sellers and insider trading when firms are cross-listed in
countries with different insider trading regimes.
| Original language | English |
|---|---|
| Pages (from-to) | 83-95 |
| Number of pages | 13 |
| Journal | Accounting and Finance |
| Volume | 58 |
| Issue number | S1 |
| Early online date | 1 Feb 2018 |
| DOIs | |
| Publication status | Published - Nov 2018 |
Keywords
- insider trading
- informed trading
- The United States
- Australia
- Tipping