An Analysis Of Insider Trading Of Our Stock Market

In modern market economy, the stock market occupies an important position. The development level of the securities market has become a nation's important sign which shows the level of both market economy and economic development. As China's securities market developed for a short period of time and the small size of the market, both regulators and many market participants are not regulated and immature. To standardize the order of the securities market the focus is that is difficult to effectively monitor securities fraud. Among of them insider trading is the most typical one of the frauds. In China securities market it is worse. Insider trading is taking pace in an almost open state, but the hidden nature of the operation and weakness of regulation means of authorities makes a weak deterrent to insider traders.Accordingly, this paper aims to provide empirical analysis of insider dealing of our securities markets. This paper chooses listed companies whose return is improved greatly as sample. The period is form 2000 to 2004. And we also chooses public punished insider trading case as sample. We hope to take quantitative analysis to insider trading's supervision. We hope that through our own efforts make practical improvements in the efficiency and effective manner of insider trading's supervision.Preface introduced the research background and research methods of this paper. Strengthening supervision is the inevitable choice to protect the interests of small investors and protect...