Add to ORKGThe impact of regulations in minimizing the detrimental effects of insider trading is unsettled. In this paper, we investigate the impact of the introduction of the Securities Market Amendment Act 2002 in New Zealand on several aspects of the market. After examining a sample of companies listed before and after the new laws introduction, we find strong evidence of a reduction in the cost of capital, bid-ask spreads and volatility accompanied by increases in liquidity, all as predicted. We conclude that the change in regulations has had a positive impact on the market
The file attached to this record is the author's final peer reviewed version. The Publisher's final ...
International audienceThis paper assesses the impact of legal trades by corporate insiders on the li...
This paper assesses the impact of legal trades by corporate insiders on the liquidity of the firm’s ...
Abstract and Key Results - Despite the importance of insider trading laws in promoting a strong f...
The impact of regulations in minimizing the detrimental effects of insider trading is unsettled. In ...
The competition for external capital amongst small and developing financial markets has resulted in ...
Insider trading has a number of harmful effects that can result in financial market distortions redu...
This paper adds to the scant literature on the tightening of regulations and its impact on the profi...
While insider trading has been regulated in the vast majority of countries with financial markets, t...
In this article we investigate the relation between insider trading regulations and the bid-ask spre...
Strong support for amendments to existing securities market laws result from an examination of trans...
Insider trading is an exceptionally challenging offence to define, prove, and enforce. New Zealand i...
While countries have been more than willing to regulate insider trading it is an open question as to...
This paper provides evidence on insider trading in New Zealand by examining transactions disclosed b...
The primary goal of this article is to bring empirical evidence to bear on the largely theoretical l...
The file attached to this record is the author's final peer reviewed version. The Publisher's final ...
International audienceThis paper assesses the impact of legal trades by corporate insiders on the li...
This paper assesses the impact of legal trades by corporate insiders on the liquidity of the firm’s ...
Abstract and Key Results - Despite the importance of insider trading laws in promoting a strong f...
The impact of regulations in minimizing the detrimental effects of insider trading is unsettled. In ...
The competition for external capital amongst small and developing financial markets has resulted in ...
Insider trading has a number of harmful effects that can result in financial market distortions redu...
This paper adds to the scant literature on the tightening of regulations and its impact on the profi...
While insider trading has been regulated in the vast majority of countries with financial markets, t...
In this article we investigate the relation between insider trading regulations and the bid-ask spre...
Strong support for amendments to existing securities market laws result from an examination of trans...
Insider trading is an exceptionally challenging offence to define, prove, and enforce. New Zealand i...
While countries have been more than willing to regulate insider trading it is an open question as to...
This paper provides evidence on insider trading in New Zealand by examining transactions disclosed b...
The primary goal of this article is to bring empirical evidence to bear on the largely theoretical l...
The file attached to this record is the author's final peer reviewed version. The Publisher's final ...
International audienceThis paper assesses the impact of legal trades by corporate insiders on the li...
This paper assesses the impact of legal trades by corporate insiders on the liquidity of the firm’s ...