The Moral Problem in Insider Trading
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insider trading
moral wrongness
unconscientious dealings
moral basis
normative premises
Applied Ethics
Banking and Finance Law
Business Administration, Management, and Operations
Business Intelligence
Business Law, Public Responsibility, and Ethics
Corporate Finance
Finance and Financial Management
Law
Portfolio and Security Analysis
moral wrongness
unconscientious dealings
moral basis
normative premises
Applied Ethics
Banking and Finance Law
Business Administration, Management, and Operations
Business Intelligence
Business Law, Public Responsibility, and Ethics
Corporate Finance
Finance and Financial Management
Law
Portfolio and Security Analysis
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This article identifies the moral wrongness of insider trading. It examines the leading arguments for treating insider trading as morally wrong and suggests that these arguments are unpersuasive because they either rely on dubious empirical premises or assume normative premises that are equivalent to their conclusions. It concludes that it is the unconscientious dealings involved in insider trading that is the most persuasive moral basis for wrongfulness of insider trading.
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2009-01-01