Encyclopedia of Law & Economics - 5650 Insider Trading

Agrawal, Arun and Jaffe, J. (1995), 'Does Section 16b Deter Insider Trading by Target Managers?', 39 Journal of Financial Economics , 295-319.

Aldave, Barbara Bader (1988), 'The Insider Trading and Securities Fraud Enforcement Act of 1988: An Analysis and Appraisal', 52 Albany Law Review , 893-921.

Aldave, Barbara Bader and Carroll, Peter G. (1988), 'The Misappropriation Theory: Carpenter and Its Aftermath', 49 Ohio State Law Journal , 373-391.

Allen, Franklin and Gale, Douglas (1992), 'Stock-Price Manipulation', 5 Review of Financial Studies , 503-529.

Allen, Steven A. (1990), 'The Response of Insider Trading to Changes in Regulatory Standards', 29 Quarterly Journal of Business and Economics , 47-78.

Allen, William R. (1993), 'Professor Schepple's Middle Way: On Minimizing Normativity and Economics in Securities Law', 56 Law and Contemporary Problems , 175-184.

Anabtawi, Icman (1989), 'Note: Toward a Definition of Insider Trading', 41 Stanford Law Review , 377-399.

Anderson, Alison Grey (1982), 'Fraud, Fiduciaries, and Insider Trading', 10 Hofstra Law Review , 341-377.

Arru–ada, Benito (1990), Control y Regulaci—n de la Sociedad an—nima (Control and Regulation of Joint-Stock Companies) , Madrid, Alianza Editorial.

Arshadi, Nasser and Eyssell, Thomas H. (1995), 'On Corporate Governance: Public Corporations, Corporate Takeovers, Defensive Tactics, and Insider Trading', 4 Financial Markets, Institutions, and Instruments , 74-103.

Ausubel, Lawrence M. (1990), 'Insider Trading in a Rational Expectations Economy', 80 American Economic Review , 1022-1041.

Back, Kerry (1992), 'Insider Trading in Continuous Time', 5 Review of Financial Studies , 387-409.

Back, Kerry (1993), 'Asymmetric Information and Options', 6 Review of Financial Studies , 435-472.

Baesel, Jerome B. and Stein, Garry R. (1979), 'The Value of Information: Inferences from the Profitability of Insider Trading', 4 Journal of Financial and Quantitative Analysis , 553-571.

Bagnoli, Mark and Khanna, Naveen (1992), 'Insider Trading in Financial Signaling Models', 47 Journal of Finance , 1905-1934.

Baiman, Stanley and Verrecchia, Robert E. (1996), 'The Relation among Capital Markets, Financial Disclosure, Production Efficiency, and Insider Trading', 34 Journal of Accounting Research , 1-22.

Bainbridge, Stephen M. (1985), 'Note: A Critique of the Insider Trading Sanctions Act of 1984', 71 Virginia Law Review , 455-498.

Bainbridge, Stephen M. (1986), 'The Insider Trading Prohibition: A Legal and Economic Enigma', 38 University of Florida Law Review , 35-68.

Bainbridge, Stephen M. (1993), 'Insider Trading Under the Restatement of the Law Governing Lawyers', 19 Journal of Corporate Law , 1-40.

Bainbridge, Stephen M. (1995), 'Incorporating State Law Fiduciary Duties Into the Federal Insider Trading Prohibition', 52 Washington and Lee Law Review , 1189 ff. Reprinted in Corporate Practice Commentator, 38, 1996, 1.

Barry, John F. III (1981), 'The Economics of Outside Information and Rule 10b-5', 129 University of Pennsylvania Law Review , 1307-1391.

Bauman, Todd A. (1984), 'Comment: Insider Trading at Common Law', 51 University of Chicago Law Review , 838-867.

Bebchuck, Lucian Arye and Fershtman, Chaim (1993), 'The Effects of Insider Trading on Insiders' Effort in Good and Bad Times', 9 European Journal of Political Economy , 469-481.

Bebchuck, Lucian Arye and Fershtman, Chaim (1994), 'Insider Trading and the Managerial Choice among Risky Projects', 29 Journal of Financial and Quantitative Analysis , 1-14.

Beck-Dudley, Caryn L. and Stephens, Alan A. (1989), 'The Efficient Market Theory and Insider Trading: Are We Headed in the Right Direction?', 27 American Business Law Journal , 441-465.

Beeson, John R. (1996), 'Rounding the Peg to Fit the Hole: A Proposed Regulatory Reform of the Misappropriation Theory', 144 University of Pennsylvania Law Review , 1077-1148.

Benesh, Gary A. and Pari, Robert A. (1987), 'Performance of Stocks Recommended on Basis of Insider Trading Activity', 22 Financial Review , 145-158.

Bernardo, Antonia Eugenio (1991), An Integrated Analysis of Insider Trading, Executive Compensation, and Corporate Investment , Stanford University, unpublished Ph.D. dissertation.

Bernhardt, Dan, Hollifield, Burton and Hughson, Eric (1995), 'Investment and Insider Trading', 8 Review of Financial Studies , 501-543.

Bhattacharya, Uptal and Spiegel, Matthew (1991), 'Insiders, Outsiders, and Market Breakdowns', 4 Review of Financial Studies , 255-282.

Biais, Bruno and Hillion, Pierre (1994), 'Insider and Liquidity Trading in Stock and Options Markets', 7 Review of Financial Studies , 743-780.

Botha, D. (1991), 'Aspects of Capital Market Efficiency and Statutory Regulation of Insider Trading in South Africa', 15 Journal for Studies in Economics and Econometrics , 57-69.

Bowles, Roger A. (1991), 'Comment (on Fenn, McGuire and Prentice, Insider Trading Regulation after 1992)', in Weigel, Wolfgang (ed.), Economic Analysis of Law - A Collection of Applications , Vienna, …sterreichischer Wirtschaftsverlag, 143-145.

Boyle, James (1992), 'A Theory of Law and Information: Copyright, Spleens, Blackmail, and Insider Trading', 80 California Law Review , 1413-1540.

Braun, Kelly (1991), Note: Corporate Law: Will Requiring a Breach of a Fiduciary Duty Under Rule 14e-3 of the Securities Exchange Act Encourage Market Efficiency by Protecting the Free Flow of Information Into the Market, or Will It Undermine Investor Confidence in the Mar ,.

Briggs, Thomas W. (1992), 'Insider Trading and the Prospective Investor After the Chestman Decision', 20 Securities Regulation Law Journal , 296-312.

Brown, Keith C. and Harlow, W. V. (1988), '', 22 Journal of Finance and Economics , 355-385.

Brudney, Victor (1979), 'Insiders, Outsiders and Informational Advantages under the Federal Securities Laws', 93 Harvard Law Review , 322-376.

Campbell, David (1996), 'Why Insider Dealing Is Wrong', 16 Legal Studies , 185-199.

Carbone, Paolo (1991), 'Nuovi illeciti attinenti alla negoziazione di 'valori mobiliari'. Profili della disciplina. Spunti critici (New torts concerning securities exchange. Outlines of the rules. Critical hints)', V Il Foro Italiano , 466-490.

Carbone, Paolo (1993), Tutela civile del mercato e insider trading (Private law protection of the market and insider trading) , Padova, CEDAM.

Carbone, Paolo (1993), Tutela civile del mercato e insider trading (Private law protection of the market and insider trading) , Padova, CEDAM.

Carlton, Dennis W. and Fischel, Daniel R. (1983), 'The Regulation of Insider Trading', 35 Stanford Law Review , 857-895.

Carney, William J. (1987), 'Signalling and Causation in Insider Trading', 36 Catholic University Law Review , 863-898.

Chowdhry, Bhagwan and Nanda, Vikram (1991), 'Multimarket Trading and Market Liquidity', 4 Review of Financial Studies , 483-511.

Cleeton, David L. and Reeder, Paul A. (1987), 'Stock and Option Markets: Are Insider Trading Regulations Effective?', 27 Quarterly Review of Economics and Business , 63-76.

Colvin, Oliver Perry (1991), 'A Dynamic Definition of and Prohibition Against Insider Trading', 31 Santa Clara Law Review , 603-640.

Conard, Alfred F. (1992), 'Enterprise Liability and Insider Trading', 49 Washington and Lee Law Review , 913-955.

Cook, William J. (1992), 'From Insider Trading to Unfair Trading: Chestman II and Rule 14e-3', 22 Stetson Law Review , 171-208.

Corgill, Dennis S. (1996), 'Insider Trading, Price Signals, and Noisy Information', 71 Indiana Law Review , 355-417.

Cornell, Bradford and Sirri, Erik R. (1992), 'The Reaction of Investors and Stock Prices to Insider Trading', 47 Journal of Finance , 1031-1059.

Cox, James D. (1986), 'Insider Trading and Contracting: A Critical Response to the "Chicago School"', Duke Law Journal , 628-659.

Cox, James D. (1986), 'Insider Trading Regulation and the Production of Information: Theory and Evidence', 64 Washington University Law Quarterly , 475-505.

Cox, James D. (1988), 'Choices: Paving the Road Toward a Definition of Insider Trading', 39 Alabama Law Review , 381-397.

Cox, James D. (1990), 'An Economic Perspective of Insider Trading Regulation and Enforcement in New Zealand'', 4 Canterbury Law Review , 268-283.

Damodaran, Aswath and Liu, Crocker H. (1993), 'Insider Trading as a Signal of Private Information', 6 Review of Financial Studies , 79-119.

Datta, Sudip and Iskandar-Datta, Mai E. (1996), 'Does Insider Trading Have Information Content for the Bond Market?', 20 Journal of Banking and Finance , 555-575.

De Grauwe, Paul (1987), 'Financial Deregulation in Developing Countries', 32 Tijdschrift voor Economie en Management , 381-401.

Dedek, Oldrich (1994), 'Insider Trading, Investor Protection and an Orderly Capital Market: Lessons for the Czech Republic', 3 Prague Economic Papers , 201-215.

Demsetz, Harold (1986), 'Corporate Control, Insider Trading, and Rates of Return', 76 American Economic Review. Papers and Proceedings , 313-316.

Dennert, JŸrgen (1991), 'Insider Trading', 44 Kyklos , 181-202.

Dennis, Roger J. (1988), 'This Little Piggy Went to Market: The Regulation of Risk Arbitrage After Boesky', 52 Albany Law Review , 841-892.

Dinehart, Stephen J. (1986), 'Insider Trading in Futures Markets: A Discussion', 6 Journal of Futures Markets , 325-333.

Dooley, Michael P. (1980), 'Enforcement of Insider Trading Restrictions', 66 Virginia Law Review , 1-89.

Dooley, Michael P. (1995), The Fundamentals of Corporation Law , Foundation Press.

Doorenbos, D.R. and Roording, J.F.L. (1990), 'Rechtseconomie en strafrecht: een rechtseconomische analyse van de bestrijding van misbruik van voorwetenschap bij de handel in effecten (Law-and-Economics and Criminal Law: A Law-and-economics Analysis of Insider Trading in Securities)', 39 Ars Aequi , 733-742.

Douglas, Norman S. (1988), 'Insider Trading: The Case Against the "Victimless Crime', 23 Financial Review , 127-142.

Dunleavy, Patrick S. (1986), 'Leveraged Buyout, Management Buyout, and Going Private Corporate Control Transactions: Insider Trading or Efficient Market Economics', 14 Fordham Urban Law Journal , 685-722.

Dutta, Prajit K. and Madhavan, Ananth (1995), 'Price Continuity Rules and Insider Trading', 30 Journal of Financial and Quantitative Analysis , 199-221.

Dyer, Boyd Kimball (1992), 'Economic Analysis, Insider Trading , and Game Markets', 1992 Utah Law Review , 1-66.

Easterbrook, Frank H. (1981), 'Insider Trading, Secret Agents, Evidentiary Privileges, and the Production of Information', 1981 Supreme Court Review , 309-365.

Easterbrook, Frank H. and Fischel, Daniel R., The Economic Structure of Corporate Law ,.

Easterbrook, Frank H. and Fischel, Daniel R. (1984), 'Mandatory Disclosure and the Protection of Investors', 70 Virginia Law Review , 669-715.

Elitzur, R. Ramy and Yaari, Varda (1995), 'Executive Incentive Compensation and Earnings Manipulation in a Multi-Period Setting', 26 Journal of Economic Behavior and Organization , 201-219.

Elliot, John E., Morse, Dale and Richardson, Gordon (1984), 'The Association Between Insider Trading and Information Announcements', 15 Rand Journal of Economics , 521-536.

Engelen, Peter-Jan (1996), 'De regelgeving omtrent handel met voorkennis: een juridisch-economische benadering (The legal rules on insider trading: a legal and economic approach)', 51(24) Weekberichten, Kredietbank , 1-7. Translated and reprinted as 'La reglementation en matire de delit d'initie: une approche economico-juridique', 51(24) Bulleting hebdomadaire, Kredietbank, 1-7.

Engelen, Peter-Jan (1997), 'Is the Enforcement of Insider Trading Regulation Enforceable?', 5 European Journal of Crime, Criminal Law and Criminal Justice , 105-111.

Engelen, Peter-Jan (1997), 'In Defense of Insider Trading. An Economic Analysis of Belgian Insider Trading Regulation', 156 Cahiers Economiques de Bruxelles , 349-372.

Engelen, Peter-Jan (1997), In Defense of Insider Trading , Working Paper, University of Antwerp (UFSIA), Department of Business Economics, No. 97-247.

Epstein, Richard A. (1995), Simple Rules for a Complex World , Cambridge (MA), Harvard University Press.

Estrada, Javier (1994), 'Insider Trading: Regulation, Deregulation, and Taxation', 5 Swiss Review of Business Law , 209 ff.

Estrada, Javier (1995), 'Insider Trading: Regulation, Securities Markets, and Welfare Under Risk Aversion', 35 Quarterly Review of Economics and Finance , 421-449.

Eyssell, Thomas H. (1991), 'Corporate Insiders and the Death of the Firm: Evidence on the Incidence of Insider Trading in Corporate Dissolutions', 26 Financial Review , 517-533.

Eyssell, Thomas H. and Reburn, James P. (1993), 'The Effects of the Insider Trading Sanctions Act of 1984: The Case of Seasoned Equity Offerings', 16 Journal of Financial Research , 161-170.

Fenn, Paul T., McGuire, Alistair and Prentice, Dan (1991), 'Insider Trading Regulation after 1992: An Economic Analysis', in Weigel, Wolfgang (ed.), Economic Analysis of Law - A Collection of Applications , Vienna, …sterreichischer Wirtschaftsverlag, 135-141.

Ferreira, Eurico J. (1995), 'Insider Trading Activity, Different Market Regimens, and Abnormal Returns', 30 Financial Review , 193-210.

Filbeck, Greg and Mullineaux, Donald J. (1995), 'Insider Trading and Regulation: A Look at Bank Holding Companies', 19 Journal of Economics and Finance , 71-84.

Finnerty, Joseph E. (1976), 'Insiders and Market Efficiency', 31 Journal of Finance , 1141-1148.

Fisch, Jill E. (1991), 'Start Making Sense: An Analysis and Proposal for Insider Trading Regulation', 26 Georgia Law Review , 179-251.

Fischel, Daniel R. (1984), 'An Economic Analysis of Dirks v. Securities and Exchange Commission', 13 Hofstra Law Review , 127-146.

Fischer, Paul E. (1992), 'Optimal Contracting and Insider Trading Restrictions', 47 Journal of Finance , 673-694.

Fishman, Michael J. and Hagerty, Kathleen M. (1992), 'Insider Trading and the Efficiency of Stock Prices', 23 Rand Journal of Economics , 106-122.

Fitzsimons, Peter G. (1995), 'Enforcement of Insider Trading Laws by Shareholders in New Zealand: An Analysis and Proposals for Reform', 3 Waikato Law Review , 101-125.

Fortin, Rich and Michelson, Stuart (1995), 'Option Introduction and Insider Trading in the NASDAQ/NMS Equity Market', 19 Journal of Economics and Finance , 31-50.

Fox, Merritt B. (1992), 'Insider Trading in a Globalizing Market: Who Should Regulate What?', 55 Law and Contemporary Problems , 263-302.

Fox, Merritt B. (1994), 'Insider Trading Deterrence Versus Managerial Incentives: A Unified Theory of Section 16(b)', 92 Michigan Law Review , 2088-2203.

Fried, Jesse M. (1997), 'Towards Reducing the Profitability of Corporate Insider Trading,', 70 Southern California Law Review .

Friedman, Howard M. (1982), 'Efficient Market Theory and Rule 10b-5 Non- Disclosure Claims: A Proposal for Reconciliation', 47 Missouri Law Review , 745-762.

Garten, Helen A. (1987), 'Insider Trading in the Corporate Interest', 1987 Wisconsin Law Review , 573-640.

Georgakopoulos, Nicholas L. (1990), 'Classical and Cross Insider Trading: Variations on the Theme of Rule 10b-5', 28 American Business Law Journal , 109-144.

Georgakopoulos, Nicholas L. (1993), 'Insider Trading as a Transaction Cost: A Market Microstructure Justification and Optimization of Insider Trading Regulation', 26 Connecticut Law Review , 1-51.

Gerson, Philip (1970), 'Comment: Section 16(b): Re-evaluation is Needed', 25 University of Miami Law Review , 144 ff.

Gilson, Ronald J. and Kraakman, Reinier H. (1984), 'The Mechanisms of Market Efficiency', 70 Virginia Law Review , 549-644.

Givoly, Dan and Palmon, Dan (1985), 'Insider Trading and the Exploitation of Inside Information: Some Empirical Evidence', 58 Journal of Business , 69-87.

Glosten, Lawrence R. (1989), 'Insider Trading, Liquidity, and the Role of the Monopolist Specialist', 62 Journal of Business , 211-235.

Goelzer, Daniel L. and Berueffy, Max (1988), 'Insider Trading: The Search for a Definition', 39 Alabama Law Review , 491-530.

Goldie, Raymond and Ambachtsheer, Keith (1981), 'The Battle of Insider Trading vs. Market Efficiency: Comment', 7 Journal of Portfolio Management , 88 ff.

Good, Coni Rae (1984), 'Comment: An Examination of Investment Analyst Liability Under Rule 10b-5', Arizona State Law Journal , 129-159.

Gosnell, Thomas Keown, Arthur J. and Pinkerton, John M. (1992), 'Bankruptcy and Insider Trading: Differences between Exchange-Listed and OTC Firms', 47 Journal of Finance , 349-362.

Grossman, Sanford J. (1986), 'An Analysis of the Role of "Insider Trading" on Futures Markets', 59S Journal of Business , 129-146.

Guo, Enyang Sen, Nilanjan and Shome, Dilip K. (1995), 'Analysts' Forecasts: Low-Balling, Market Efficiency, and Insider Trading', 30 Financial Review , 529-539.

Gupta, Atul and Misra, Lalatendu (1988), 'Illegal Insider Trading: Is It Rampant before Corporate Takeovers', 23 Financial Review , 453-464.

Gupta, Atul and Misra, Lalatendu (1989), 'Public Information and Pre- Announcement Trading in Takeover Stocks', 41 Journal of Economics and Business , 225-233.

Haddock, David D. and Macey, Jonathan R. (1986), 'Controlling Insider Trading in Europe and America: The Economics of the Politics', in Graf Von Der Schulenburg, J.-Matthias and Skogh, Gšran (eds.), Law and Economics and The Economics of Legal Regulation , Dordrecht, Kluwer, 149-167.

Haddock, David D. and Macey, Jonathan R. (1986), 'A Coasian Model of Insider Trading', 80 Northwestern University Law Review , 1449-1472.

Haddock, David D. and Macey, Jonathan R. (1987), 'Regulation on Demand: A Private Interest Model, with an Application to Insider Trading Regulation', 30 Journal of Law and Economics , 311-352.

Haft, Robert J. (1982), 'The Effect of Insider Trading Rules on the Internal Efficiency of the Large Corporation', 80 Michigan Law Review , 1051-1071.

Hanson, Robert C. and Song, Moon H. (1995), 'Managerial Ownership Change and Firm Value: Evidence from Dual-Class Recapitalizations and Insider Trading', 18 Journal of Financial Research , 281-297.

Harp, Hilary (1984), 'Note: Insider Trading After Dirks v. SEC', 18 Georgia Law Review , 593-638.

Hauch, Jeanne M. (1987), 'Note: Insider Trading by Intermediaries: A Contract Remedy for Acquirer's Increased Costs of Takeovers', 97 Yale Law Journal , 115-134.

Heinkel, Robert and Kraus, Alan (1987), 'The Effect of Insider Trading on Average Rates of Return', 20 Canadian Journal of Economics , 588-611.

Heller, Harry (1982), 'Chiarella, SEC Rule 14e-3 and Dirks: "Fairness" Versus Economic Theory', 37 The Business Lawyer , 517-558.

Herzel, Leo and Katz, Leo (1987), 'Insider Trading: Who Loses?', 165(July) Lloyds Bank Review , 15-26.

Hetherington, J. A. C. (1967), 'Insider Trading and the Logic of the Law', 1967 Wisconsin Law Review , 720-737.

Hiler, Bruce A. (1984), 'Dirks v. SEC: A Study In Cause and Effect', 43 Maryland Law Review , 292-341.

Hirschey, Mark and Zaima, Janis K. (1989), 'Insider Trading, Ownership Structure, and the Market Assessment of Corporate Sell-Offs', 44 Journal of Finance , 971-980.

Hirschey, Mark Slovin, Myron B. and Zaima, Janis K. (1990), 'Bank Debt, Insider Trading, and the Return to Corporate Selloffs', 14 Journal of Banking and Finance , 85-98.

Hirschleifer, David (1971), 'The Private and Social Value of Information and the Reward to Incentive Activity', 61 American Economic Review , 561 ff.

Horman, Timothy J. (1996), 'In Defense of United States v. Bryan: Why the Misappropriation Theory is Indefensible', 64 Fordham Law Review , 2455-2506.

Jaffe, Jeffrey F. (1974), 'Special Information and Insider Trading', 47 Journal of Business , 410-428.

Jaffe, Jeffrey F. (1974), 'The Effect of Regulation Changes on Insider Trading', 5 Bell Journal of Economics , 93-121.

Jagannathan, Ravi and Palfrey, Thomas R. (1989), 'Effects of Insider Trading Disclosures on Speculative Activity and Future Prices', 27 Economic Inquiry , 411-430.

Jarrell, Gregg A. and Poulsen, Annette B. (1989), 'Stock Trading Before the Announcement of Tender Offers: Insider Trading or Market Anticipation?', 5 Journal of Law, Economics, and Organization , 225-248.

Jennings, Marianne Moody and Hudson, Carl D. (1989), 'The Ultimate Inside Information: Financial Institutions and Auditors as a Control of Market Response to Clients' Securities Offerings', 42 Arkansas Law Review , 467-518.

Jennings, R. W. and Smith, R. B. (1976), 'Insider Trading and the Analyst', 5 Institutional Securities Regulation , 261 ff.

John, Kose, John, Teresa and Lang, Larry H. P. (1991), 'Insider Trading around Dividend Announcements: Theory and Evidence', 46 Journal of Finance , 1361-1389.

John, Kose, John, Teresa and Mishra, Banikanta (1990), 'Information Content of Insider Trading around Corporate Announcements: The Case of Capital Expenditures', 45 Journal of Finance , 835-855.

Johnson, Dana J. Serrano, Jan M. and Thompson, G. Rodney (1996), 'Seasoned Equity Offering for New Investment and the Information Content of Insider Trading', 19 Journal of Financial Research , 91-103.

Jun, Meeka (1993), 'New Capital Markets and Securities Regulations In Hungary: A Comparative Analysis of the Insider Trading Regulations in Hungary and the United States', 19 Brooklyn International Law Journal , 1047-1100.

Kabir, R. (1990), Security Market Regulation : An Empirical Investigation of Trading Suspension and Insider Trading Restriction , Maastricht, Datawyse.

Kabir, R. and Vermaelen, T. (1996), 'Insider Trading Restrictions and the Stock Market : Evidence from the Amsterdam Stock Exchange', 40 European Economic Review , 1591-1603.

Kahan, Marcel (1992), 'Securities Laws and the Social Costs of 'Inaccurate' Stock Prices', Duke Law Journal , 977-1044.

Karjala, Dennis S. (1982), 'Statutory Regulation of Insider Trading in Impersonal Markets', 1982 Duke Law Journal , 627-649.

Karmel, Roberta S. (1993), 'The Relationship Between Mandatory Disclosure and Prohibitions Against Insider Trading: Why A Property Rights Theory of Inside Information is Untenable', 59 Brooklyn Law Review , 149-174.

Kelly, William A., Jr., Nardinelli, Clark and Wallace, Myles S. (1987), 'Regulation of Insider Trading: Rethinking SEC Policy Rules', 7 Cato Journal , 441-448.

Keown, Arthur J. and Pinkerton, John M. (1981), 'Merger Announcements and Insider Trading Activity: An Empirical Investigation', 36 Journal of Finance , 855-869.

Kerr, Halbert S. (1980), 'The Battle of Insider Trading vs. Market Efficiency', 6 Journal of Portfolio Management , 47-50.

Kidd, Ronald F. (1993), 'Insider Trading: The Misappropriation Theory Versus an "Access to Information" Perspective', 18 Delaware Journal of Corporate Law , 101-137.

King, Raymond D. and O'Keefe, Terrence B. (1986), 'Lobbying Activities and Insider Trading', 61 Accounting Review , 76-90.

Kitch, Edmund W. (1980), 'The Law and Economics of Rights in Valuable Information', 9 Journal of Legal Studies , 683-723.

Kitch, Edmund W. (1995), 'The Theory and Practice of Securities Disclosure', 61 Brooklyn Law Review , 761 ff.

Klein, Spencer Derek (1988), 'Insider Trading, SEC Decision-Making, and the Calculus of Investor Confidence', 16 Hofstra Law Review , 665-704.

Klock, Mark (1994), 'Mainstream Economics and the Case for Prohibiting Inside Trading', 10 Georgia State University Law Review , 297-335.

Kraakman, Reinier H. (1991), 'The Legal Theory of Insider Trading Regulation in the United States', in Hopt, K. and Wymeersch, E. (eds.), European Insider Dealing , Butterworths, London, 39-54.

Kripke, Homer (1985), 'Manne's Insider Trading Thesis and Other Failures of Conservative Economics', 4 Cato Journal , 945-957.

Kyle, Albert S. (1985), 'Continuous Auctions and Insider Trading', 53 Econometrica , 1315-1335.

Laffont, Jean-Jacques and Maskin, Eric S. (1990), 'The Efficient Market Hypothesis and Insider Trading on the Stock Market', 98 Journal of Political Economy , 70-93.

Langevoort, Donald C. (1982), 'Insider Trading and the Fiduciary Principle: A Post-Chiarella Restatement', 70 California Law Review , 1-53.

Langevoort, Donald C. (1984), 'The Insider Trading Sanctions Act of 1984 and Its Effect on Existing Law', 37 Vanderbilt Law Review , 1273-1298.

Langevoort, Donald C. (1990), 'Investment Analysts and the Law of Insider Trading', 76 Virginia Law Review , 1023-1054.

Langevoort, Donald C. (1993), 'Fraud and Insider Trading in American Securities Regulation: Its Scope and Philosophy in a Global Marketplace', 16 Hastings International and Comparative Law Review , 175-187.

Langevoort, Donald C. (1995), 'Words From On High About Rule 10b-5: Chiarella's History, Central Bank's Future', 20 Delaware Journal of Corporate Law , 865-897.

Lee, Moon H. and Bishara, Halim (1985), 'Securities Regulation and Market Efficiency', 5 International Review of Law and Economics , 247-254.

Lee, Wayne Y. and Solt, Michael E. (1986), 'Insider Trading: A Poor Guide to Market Timing', 12(Summ) Journal of Portfolio Management , 65-71.

Leland, Hayne E. (1992), 'Insider Trading: Should it be Prohibited?', 100 Journal of Political Economy , 859-887.

Lemieux, Pierre (1991), Apologie des sorcires modernes ([An Apology of Modern Witches) , Paris, Belles Lettres.

Levmore, Saul (1982), 'Securities and Secrets: Insider Trading and the Law of Contracts', 68 Virginia Law Review , 117-160.

Levmore, Saul (1988), 'In Defense of the Regulation of Insider Trading', 11 Harvard Journal of Law and Public Policy , 101-109.

Lin, Ji-Chai and Howe, John S. (1990), 'Insider Trading in the OTC Market', 45 Journal of Finance , 1273-1284.

Liu, Pu Smith, Stanley D. and Syed, Azmat A. (1992), 'The Impact of the Insider Trading Scandal on the Information Content of the Wall Street Journal's "Heard on the Street', 15(summ) Journal of Financial Research , 181-188.

Loh, Charmen (1992), 'Poison Pill Securities: Shareholder Wealth and Insider Trading', 27 Financial Review , 241-257.

Long, D. Michael and Rao, Spuma (1995), 'The Wealth Effects of Unethical Business Behavior', 19(summ) Journal of Economics and Finance , 65-73.

Lorie, James H. (1980), 'Insider Trading: Rule 10b-5, Disclosure and Corporate Privacy: A Comment', 9 Journal of Legal Studies , 819-822.

Lorie, James H. and Niederhoffer, Victor (1968), 'Predictive and Statistical Properties of Insider Trading', 11 Journal of Law and Economics , 35-53.

Lundholm, Russell J. (1988), 'Price-Signal Relations in the Presence of Correlated Public and Private Information', 26 Journal of Accounting Research , 107-118.

MacCabruni, Franco (1995), 'Insider trading e analisi economica del diritto (Insider trading and economic analysis of law)', 1 Giurisprudenza commerciale , 598-622.

Macey, Jonathan R. (1984), 'From Fairness to Contract: The New Direction of the Rules Against Insider Trading', 13 Hofstra Law Review , 9-64.

Macey, Jonathan R. (1988), 'Ethics, Economics, and Insider Trading: Ann Rand Meets the Theory of the Firm', 11 Harvard Journal of Law and Public Policy , 785-804.

Macey, Jonathan R. (1988), 'From Judicial Solutions to Political Solutions: The New, New Direction of the Rules Against Insider Trading', 39 Alabama Law Review , 355-380.

Macey, Jonathan R. (1991), 'Insider Trading: Economics, Politics, Policy', .

Madura, Jeff and Wiant, Kenneth J. (1995), 'Information Content of Bank Insider Trading', 5 Applied Financial Economics , 219-227.

Manne, Henry G. (1966), Insider Trading and the Stock Market , New York, Free Press, 189 p.

Manne, Henry G. (1966), 'In Defence of Insider Trading', 44 Harvard Business Review , 113-122.

Manne, Henry G. (1967), 'Insider Trading and the Administrative Process', 35 George Washington Law Review , 473-511.

Manne, Henry G. (1969), 'Insider Trading and the Law Professors', 23 Vanderbilt Law Review , 547-590.

Manne, Henry G. (1987), 'Insider Trading and Property Rights in New Information', in Dorn, James A. and Manne, Henry G. (eds.), Economic Liberties and the Judiciary , Fairfax, George Mason University Press, 317-327.

Mannolini, Justin J. (1996), 'Insider Trading: The Need for Conceptual Clarity', 14 Companies and Securities Law Journal , 151-156.

Manove, Michael (1989), 'The Harm from Insider Trading and Informed Speculation', 104 Quarterly Journal of Economics , 823-845.

Marinelli, Arthur J., Jr. (1988), 'Liability for Insider Trading: Expansion of Liability in Rule 10b-5 Cases', 22 Akron Law Review , 45-60.

Masson, Robert T. and Madhavan, Ananth (1991), 'Insider Trading and the Value of the Firm', 39 Journal of Industrial Economics , 333-353.

McGee, Robert W. (1992), Business Ethics and Common Sense , Quorum Books, 302 p.

McGee, Robert W. and Block, Walter E. (1989), 'Information, Privilege, Opportunity and Insider Trading', 10 Northern Illinois University Law Review , 1-35.

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