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Socio-Legal Research and Insider Trading in Australia

Socio-Legal Research and Insider Trading in Australia Insider trading was the subject of extensive political debate from 1989 through to 1991, culminating in substantial amendments to the Corporations Law. The political climate for this legislative action was influenced by a high profile empirical study by Tomasic and Pentony asserting that insider trading was both widespread and harmful. This study is critically appraised with respect to a number of methodological issues and in particular, questions are raised as to whether the inferences drawn from the evidence are justifiable. Alternative methods for empirical research into the insider trading phenomenon are noted. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Australian & New Zealand Journal of Criminology SAGE

Socio-Legal Research and Insider Trading in Australia

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References (19)

Publisher
SAGE
Copyright
© The Australian and New Zealand Society of Criminology and Authors, 1996
ISSN
0004-8658
eISSN
1837-9273
DOI
10.1177/000486589602900304
Publisher site
See Article on Publisher Site

Abstract

Insider trading was the subject of extensive political debate from 1989 through to 1991, culminating in substantial amendments to the Corporations Law. The political climate for this legislative action was influenced by a high profile empirical study by Tomasic and Pentony asserting that insider trading was both widespread and harmful. This study is critically appraised with respect to a number of methodological issues and in particular, questions are raised as to whether the inferences drawn from the evidence are justifiable. Alternative methods for empirical research into the insider trading phenomenon are noted.

Journal

Australian & New Zealand Journal of CriminologySAGE

Published: Dec 1, 1996

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