Insider Trading | Jonathan R. Macey

Insider Trading: Economics, Politics, and Policy | Jonathan R. Macey

What exactly is wrong with insider trading?

Is it unfair? Is it inefficient?

Does it undermine the securities markets or distort the incentives of corporate managers to maximize the value of shares?

About the Author:

Jonathan R. Macey: American Legal Scholar

Jonathan R. Macey is an American legal scholar who serves as the Sam Harris Professor of Corporate Law, Corporate Finance and Securities Law at Yale Law School. Macey is the 4th most cited legal scholar ever in the world in the field of corporate law.