Sentencing High-Loss Corporate Insider Frauds After Booker
نویسندگان
چکیده
منابع مشابه
Have Inter-Judge Sentencing Disparities Increased in an Advisory Guidelines Regime? Evidence from Booker
The Federal Sentencing Guidelines were promulgated in response to concerns of widespread disparities in sentencing. After almost two decades of determinate sentencing, the Guidelines were rendered advisory in United States v. Booker. How has greater judicial discretion affected interjudge disparities, or differences in sentencing outcomes that are attributable to the mere happenstance of the se...
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This paper addresses the question of how the timing of corporate insider trading is related to the level of information asymmetry in a stock price. Our empirical analysis shows that, when buying their firm’s shares, corporate insiders are likely to exploit their informational advantage through trading at times of high information asymmetry, while their selling appears more cautious because of r...
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ژورنال
عنوان ژورنال: Federal Sentencing Reporter
سال: 2008
ISSN: 1053-9867,1533-8363
DOI: 10.1525/fsr.2008.20.3.167