The issue of insider trading in law and economics: lessons for emerging financial markets in the world
Insider trading in developing countries may result in two types of damages. First, insider trading may set off price limits which cause unnecessary trades. Second, public confidence in the stock markets is eroded which results in the stoppage of savings flows into the market. However, insider trading can be used as an information tool to minimize its harmful effects. By making public all corporate insider buying and selling, asymmetry in information is decreased. Thus, self-regulation is valuable for it shifts the burden of policing the ranks to members of the government.
Publication Name: Journal of Business Ethics
The Kyoto challenge
The European Union (EU) faces a challenge in seeking to combat global warming in line with the Kyoto protocol of 1997. This protocol follows the UN Conference on Environment and Development of 1992. Data on temperature show that global warming is apparent due to greenhouse gas emissions. The EU has agreed to a drop of 8% in greenhouse gas emissions, taking 1990 as a base and seeking to achieve this by 2008 to 2012. There are a number of obstacles to achieving this goal, such as an increase in transportation emissions.
Publication Name: European Policy Analyst
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