A Comparative Legal Appraisal of the Problem of Insider Trading in Mergers and Acquisitions

A. A. OLUWABIYI

Abstract


Insider trading in company law is not only unethical but amounts to cheating by making unjust profit, and sometimes fraudulent, particularly in mergers and acquisitions situations. This paper aims at examining the effects of insider trading in mergers and acquisitions in the United Kingdom and Nigeria and how legislations had tried to curb the ignoble acts.

Keywords


Insider trading; Comparative Legal Appraisal; Mergers and acquisitions

Full Text:

PDF

References


Abugu. J. E. (2005). Company securities: Law and practice. Lagos: Unilag Press.

Akamiokhon. (1989, May 11). Mergers’ and acquisitions: The Nigerian experience. Presented at a seminar on perspectives and options in Merger and Acquisition.

Black, H. C. (1999). Black’s law dictionary (7th ed.). U.S.A.: St Paul Minn West Pubishing CO.

Gower & Davies. (2003). Principles of modern company law (7th ed.). London: Sweet & Maxwell.

Idigbe, A. I. (2006). Legal issues in capital market operations in Nigeria. Lagos: Distinct Universal Press.

Ndanusa, M. S. (2001, October). The new investments and securities Act. A paper presented at the Nigerian Law School, Bwari, Abuja. Retrieved from http:// www.sec.gov/news/testimony.

Ola, C. S., (2002). Company law in Nigeria. Heinemann Educational Books (Nigeria) Plc, Ibadan.

Orojo, O. O. (1992). Company law practice in Nigeria (3rd ed.). Lagos: Mbeyi & Associates.

Thomsen, L. C. (2006, September 26). Testimony concerning Insider Trading Before the U.S Senate Committee on Judiciary.




DOI: http://dx.doi.org/10.3968/5747

DOI (PDF): http://dx.doi.org/10.3968/g6445

Refbacks

  • There are currently no refbacks.


Copyright (c)



Share us to:   

Reminder

  • We are currently accepting submissions via email only. 

  • The registration and online submission functions have been disabled.

  •  Please send your manuscripts to [email protected]，or  [email protected]  for consideration.

  •  We look forward to receiving your work.

 Articles published in Frontiers of Legal Research are licensed under Creative Commons Attribution 4.0 (CC-BY).

Frontiers of Legal Research Editorial office  

Address: 1055 Rue Lucien-L'Allier, Unit #772, Montreal, QC H3G 3C4, Canada.
Telephone: 1-514-558 6138 
E-mail: [email protected]; [email protected]; [email protected]

Copyright © Canadian Academy of Oriental and Occidental Culture