Are Autocratic Rulers Also Inside Traders? Cross-Country Evidence
AbstractAutocratic rulers can use economic regulation under their control to affect individual stock prices and then profit through insider trading. They are therefore less likely to have or enforce insider trading regulation. A cross-sectional analysis of 101 countries with stock markets supports the hypothesis. The probability of observing an enforced insider trading law is much lower in autocracies than in other countries. (JEL D73, G28, L51) Copyright 2005, Oxford University Press.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Western Economic Association International in its journal Economic Inquiry.
Volume (Year): 43 (2005)
Issue (Month): 1 (January)
Contact details of provider:
Postal: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK
Fax: 01865 267 985
Web page: http://ei.oupjournals.org/
More information through EDIRC
Find related papers by JEL classification:
- D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
- G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
- L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Wing-Keung Wong & Jun Du & Terence Tai-Leung Chong, 2005.
"Do the technical indicators reward chartists? A study on the stock markets of China, Hong Kong and Taiwan,"
SCAPE Policy Research Working Paper Series
0512, National University of Singapore, Department of Economics, SCAPE.
- Wong, Wing-Keung & Du, Jun & Chong, Terence Tai-Leung, 2005. "Do the technical indicators reward chartists? A study on the stock markets of China, Hong Kong and Taiwan," Review of Applied Economics, Review of Applied Economics, vol. 1(2).
- Wing-Keung Wong & Jun Du & Terence Tai-Leung Chong, 2005. "Do the technical indicators reward chartists? A study on the stock markets of China, Hong Kong and Taiwan," Finance Working Papers 22587, East Asian Bureau of Economic Research.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press) or (Christopher F. Baum).
If references are entirely missing, you can add them using this form.