Corporate Governance Rules and Insider Trading Profits

This chapter analyzes and recommends federal corporate governance enhancements that should be implemented. These enhancements, which should be adopted in a measured and directed manner, are necessary to remediate certain deficiencies that currently exist. Consistent therewith, this chapter focuses on several important matters that merit attention, including the undue deference by federal courts to state law, the appropriate application of federal law to tactics undertaken in tender offers, the need for a federal statute encompassing insider trading, and the propriety of more vigorous oversight by the Securities and Exchange Commission (such as with respect to the “current” disclosure regime, the SEC’s Standards of Professional Conduct for Attorneys, and the Commission’s neglecting at times to invoke its statutory resources). Thus, the analysis set forth in this chapter identifies significant deficiencies that currently exist and recommends measures that should be implemented on the federal level to enhance corporate governance standards.

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The SEC’s Impact on the Federalization of Corporate Governance—A Traditional Perspective

10.1093/oso/9780199934546.003.0003 ◽

2018 ◽

Author(s):

Marc I. Steinberg

Keyword(s):

Corporate Governance ◽

Mergers And Acquisitions ◽

Insider Trading ◽

Securities And Exchange Commission ◽

Outside Directors ◽

Tender Offers ◽

Going Private ◽

Rule Making

This chapter examines, from a traditional perspective, several areas where the Securities and Exchange Commission (SEC) has impacted corporate governance in a meaningful way. By way of example, these subjects include insider trading, qualitative materiality, the role of gatekeepers (such as outside directors, attorneys, and accountants), the Commission’s use of disclosure to influence conduct, the implementation by subject companies of undertakings pursuant to SEC enforcement proceedings, and mergers and acquisitions (including tender offers and going-private transactions). This chapter’s focus is on the manner in which the SEC for well over 50 years has impacted corporate governance by means of exercising its rule-making and oversight authority.

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Insider trading, accrual abuse, and corporate governance in emerging markets — Evidence from Taiwan

Pacific-Basin Finance Journal ◽

10.1016/j.pacfin.2013.04.005 ◽

2013 ◽

Vol 24 ◽

pp. 132-155 ◽

Cited By ~ 9

Author(s):

Hui-wen Tang ◽

Anlin Chen ◽

Chong-Chuo Chang

Keyword(s):

Corporate Governance ◽

Emerging Markets ◽

Insider Trading

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Future Firm Performance, Corporate Governance, Information Asymmetry and Insider Trading - A Systematic Literature Review using PRISMA

International Journal of Sustainable Economy ◽

10.1504/ijse.2022.10043607 ◽

2022 ◽

Vol 14 (1) ◽

pp. 1

Author(s):

Asna Atqa Abdullah ◽

Fakarudin Kamarudin ◽

Ong Tze San ◽

Yasmin Jamadar

Keyword(s):

Corporate Governance ◽

Firm Performance ◽

Literature Review ◽

Information Asymmetry ◽

Insider Trading ◽

Systematic Literature Review

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Insider Trading Laws and Corporate Governance Impact on Investment Decision

iRASD Journal of Management ◽

10.52131/jom.2021.0302.0032 ◽

2021 ◽

Vol 3 (2) ◽

pp. 126-137

Author(s):

Sadaf Khan ◽

Ubaid Ur Rehman

Keyword(s):

Corporate Governance ◽

Insider Trading ◽

Positive Impact ◽

Investment Decision ◽

Investment Decisions ◽

Future Research ◽

Good Corporate Governance ◽

Governance Practices ◽

The Government ◽

The Impact

This research aims to analyze the impact of insider trading laws and corporate governance on investment decisions. For this purpose, the data of 400 potential and actual investors employed who provided their feedback on a structured questionnaire. When the data is collected, it was cleaned. The normality of data and reliability of items were also checked and within limits. Simple Regression was applied to test hypotheses. It was concluded that the perception of insider trading laws and corporate governance have a positive impact on investment decisions. The study has wide implications and the government and corporation both can be beneficial from its insight and findings, and exercise good corporate governance practices and follow stringent insider trading laws. The study also paves the way for future research.

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