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Politics, Ethics and Social Responsibility of Business
book

Politics, Ethics and Social Responsibility of Business

by Usha, Bhanu;Krishna, K. V. Murthy
October 2010
Intermediate to advanced content levelIntermediate to advanced
232 pages
9h 1m
English
Pearson India
Content preview from Politics, Ethics and Social Responsibility of Business
190
| POLITICS, ETHICS AND SOCIAL RESPONSIBILITY OF BUSINESS
Illegal insider trading generally occurs when securities are bought and sold based on privileged possession
of information that is material and not yet publicly available.
Thus, IT takes place when someone having access to unpublished price sensitive information deals
in a company’s securities for a personal benef t, thereby gaining an unfair advantage over the rest of the
market. The private benef t may be either in terms of an increase in the prof t or avoidance of loss. Insider
trading violations may also include ‘tipping’
2
such information, securities trading by the ...
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Publisher Resources

ISBN: 9789332506497