Summary / Resumé
Peter-Jan Engelen, Luc Van Liedekerke: The ethics of insider trading revisited. A new Look at the Ethical Evaluation
Insider trading regulation has boomed during the 90s, it became a sign of serious market regulation. We discriminate between four forms of insider trading and indicate that is relatively easy to dismiss three types but hard to fi nd the convincing argument against type I insider trading. Here the argument needs to be broadened to that of market morality in order to see the trouble with insider trading. However, if one accepts this one could just as well question option payment schemes on the same grounds as insider trading compensation schemes. Both seem to have the same potential for contamination of market morality