Insider trading is a topic of intense public debate these days, but this debate must be framed in the context of a clear, objective definition of informed versus insider trading.
This research grant is awarded jointly to Patrick Augustin (Desautels), Gunnar Grass (HEC Montreal), Marti G. Subrahmanyam, Charles E. Merril (New York Stern School of Business)
Abstract:
Authors: Patrick Augustin, Jianfeng Hu, Menachem Brenner and Marti Subrahmanyam
Publication: The Harvard Law School Forum on Corporate Governance and Financial Regulation
Excerpt:
According to a new study, insider trading often occurs during merger and acquisitions and is rarely punished. BNN takes a closer look with one of the report's co-authors, Patrick Augustin,...
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