Abstract

This text analyses an article published in the American Law and Economics Review by Mrs. Laura N. Beny, entitled ‘Do Insider Trading Laws Matter? Some Preliminary Comparative Evidence’, and extracts the proposed theory by tracing its methodological order. Mrs. Beny’s article publishes preliminary results from an empirical exploration. The main thesis in this article is that formal insider trading laws matter to the financial structure and performance of the stock market. To analyze this article, we will identify the fundamental theses in the article, the path of argumentation employed to confront these theses with observations and the conclusions drawn from these observations. We will then recognize particularly the discovery context employed in its argumentation. The article is then confronted with findings observed in reality to verify its theses.

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