haku: @author Abdolmohammadi, M. / yhteensä: 2
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Tekijä: | Abdolmohammadi, M. Sultan, J. |
Otsikko: | Ethical Reasoning and the Use of Insider Information in Stock Trading |
Lehti: | Journal of Business Ethics
2002 : MAY I, VOL. 37:2, p. 165-173 |
Asiasana: | ETHICS STOCKS TRADE INFORMATION |
Kieli: | eng |
Tiivistelmä: | The cognitive developmental theory of ethics suggests that there is a positive relationship between ethical reasoning and ethical behavior. In this study, the authors trained a sample of accounting and finance students in performing competitive stock trading in our state-of-the-art trading room. The subjects then performed trading of stocks under two experimental conditions: insider information, and no-insider information where significant performance-based financial awards were at stake. The authors also administered the Defining Issues Test (DIT). Ethical behavior, as the dependent variable was measured in a binary scale: whether the subjects used insider information for trading of stocks or not. |
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