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What do you mean by insider trading? - Business Studies

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What do you mean by insider trading?

What is meant by Insider trading?

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उत्तर

An insider refers to any individual associated with a company who is likely to have access to confidential, price-sensitive information about the company’s securities that is not publicly available. Directors, promoters, and similar individuals are considered insiders. When these insiders misuse privileged information, which they possess due to their position, to gain personal financial benefits, it is known as insider trading. An example of such conduct is the recent scandal involving the promoters of Satyam Computers.

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पाठ 22: Business Regulators and Intermediaries - QUESTION BANK [पृष्ठ ३०९]

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गोयल ब्रदर्स प्रकाशन Business Studies [English] Class 12 ISC
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